YEARLY HIGH
1.6235 HKD
YEARLY LOW
0.5404 HKD
YEARLY AVERAGE
1.4609 HKD

2019 GHS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1.6235. Conversely, the yearly low was recorded on May 19, dropping to 0.5404.

This high-to-low spread represents a total annual volatility of 1.0831 HKD. From a start-to-finish perspective, comparing the January average rate of 1.6002 to the December average rate of 1.3698, the exchange rate registered a net change of -14.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.6235 was down 8.75% compared to the 2018 peak of 1.7792, 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 8,118 HKD
2018 Average 8,378 HKD
Yearly Trough Low 2,702 HKD
Transaction Impact: A difference of 5,415.53 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6233
1.3467
JanuMarcMayJulySeptNove

GHS to HKD 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 1.4978, compared to 1.4241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0736 points.

H1 Avg (Jan–Jun) 1.4978
H2 Avg (Jul–Dec) 1.4241

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.9889 HKD (High: 1.5293 / Low: 0.5404). On the other end, July was the most stable month, with a tight range of 0.0225 HKD (High: 1.4614 / Low: 1.4389).

May Spread (Volatile) ±0.9889
July Spread (Stable) ±0.0225

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1076 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.6002) against the same month in 2018 (average: 1.7220), the exchange rate shifted by -0.1218 (-7.07%).

2019 Avg (January) 1.6002
2018 Avg (January) 1.7220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6235 1.5652 1.6002
February 1.5793 1.4268 1.4926
March 1.5412 1.3895 1.4491
April 1.5400 1.4487 1.5151
May 1.5293 0.5404 1.4789
June 1.4633 1.4282 1.4508
July 1.4614 1.4389 1.4495
August 1.4646 1.4329 1.4458
September 1.4485 1.4228 1.4292
October 1.4605 1.4230 1.4383
November 1.4270 1.3957 1.4122
December 1.3955 1.3546 1.3698