YEARLY HIGH
59.8536 HUF
YEARLY LOW
49.3270 HUF
YEARLY AVERAGE
53.7435 HUF

2020 GHS to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 59.8536. Conversely, the yearly low was recorded on December 17, dropping to 49.3270.

This high-to-low spread represents a total annual volatility of 10.5265 HUF. From a start-to-finish perspective, comparing the January average rate of 53.2477 to the December average rate of 50.2487, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 59.8536 was up 2.52% compared to the 2019 peak of 58.3798, 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 299,268 HUF
2019 Average 270,743 HUF
Yearly Trough Low 246,635 HUF
Transaction Impact: A difference of 52,632.67 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

58.2127
49.5247
JanuMarcMayJulySeptNove

GHS to HUF 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 55.4367, compared to 52.0503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3865 points.

H1 Avg (Jan–Jun) 55.4367
H2 Avg (Jul–Dec) 52.0503

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 6.2284 HUF (High: 59.8536 / Low: 53.6252). On the other end, December was the most stable month, with a tight range of 1.4665 HUF (High: 50.7936 / Low: 49.3270).

March Spread (Volatile) ±6.2284
December Spread (Stable) ±1.4665

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.2916 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2916

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 55.9850) against the same month in 2019 (average: 51.6891), the exchange rate shifted by +4.2959 (+8.31%).

2020 Avg (March) 55.9850
2019 Avg (March) 51.6891

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.2655 51.6379 53.2477
February 58.9009 55.2655 57.4887
March 59.8536 53.6252 55.9850
April 58.7266 54.9772 56.8158
May 56.7699 53.9739 55.6873
June 54.7502 52.2410 53.3957
July 54.3704 50.3531 53.0494
August 52.2178 50.3330 51.0685
September 54.0928 51.7221 52.8491
October 54.0632 51.6922 52.9892
November 54.0751 51.3165 52.0966
December 50.7936 49.3270 50.2487