2020 GHS to GNF Historical Review

YEARLY HIGH

1783.7220 GNF

YEARLY LOW

1622.8381 GNF

YEARLY AVERAGE

1678.5327 GNF

2020 GHS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 1783.7220. Conversely, the yearly low was recorded on April 14, dropping to 1622.8381.

This high-to-low spread represents a total annual volatility of 160.8838 GNF. From a start-to-finish perspective, comparing the January average rate of 1678.1556 to the December average rate of 1694.5769, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1783.7220 was down 6.44% compared to the 2019 peak of 1906.4592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 8,918,610 GNF

2019 Average 8,601,957 GNF

Yearly Trough Low 8,114,191 GNF

Transaction Impact: A difference of 804,419.21 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1772.8111

1628.2337

JanuMarcMayJulySeptNove

GHS to GNF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1678.8067, compared to 1678.2587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5480 points.

H1 Avg (Jan–Jun) 1678.8067

H2 Avg (Jul–Dec) 1678.2587

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 126.8724 GNF (High: 1762.4068 / Low: 1635.5343). On the other end, November was the most stable month, with a tight range of 12.8266 GNF (High: 1683.2033 / Low: 1670.3767).

March Spread (Volatile) ±126.8724

November Spread (Stable) ±12.8266

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 62.1472 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -62.1472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1760.7630) against the same month in 2019 (average: 1744.8846), the exchange rate shifted by +15.8784 (+0.91%).

2020 Avg (February) 1760.7630

2019 Avg (February) 1744.8846

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1711.3636	1650.1751	1678.1556
February	1783.7220	1711.3636	1760.7630
March	1762.4068	1635.5343	1698.6158
April	1670.8723	1622.8381	1643.8349
May	1654.6449	1627.0296	1640.2818
June	1664.9531	1633.5350	1651.1892
July	1674.9155	1654.3422	1666.6339
August	1674.5026	1661.6064	1670.8422
September	1688.3366	1661.4853	1676.5002
October	1691.3489	1673.8014	1682.5848
November	1683.2033	1670.3767	1678.4142
December	1705.2256	1657.1493	1694.5769