YEARLY HIGH
2976.4662 IDR
YEARLY LOW
994.3007 IDR
YEARLY AVERAGE
2635.6657 IDR

2019 GHS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2976.4662. Conversely, the yearly low was recorded on May 19, dropping to 994.3007.

This high-to-low spread represents a total annual volatility of 1982.1655 IDR. From a start-to-finish perspective, comparing the January average rate of 2888.1436 to the December average rate of 2455.1214, the exchange rate registered a net change of -14.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2976.4662 was down 6.76% compared to the 2018 peak of 3192.3626, 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 14,882,331 IDR
2018 Average 15,129,656 IDR
Yearly Trough Low 4,971,503 IDR
Transaction Impact: A difference of 9,910,827.44 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2931.4459
2411.8191
JanuMarcMayJulySeptNove

GHS to IDR 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 2709.1772, compared to 2562.1541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 147.0231 points.

H1 Avg (Jan–Jun) 2709.1772
H2 Avg (Jul–Dec) 2562.1541

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 1821.8624 IDR (High: 2816.1630 / Low: 994.3007). On the other end, November was the most stable month, with a tight range of 41.5275 IDR (High: 2552.8951 / Low: 2511.3676).

May Spread (Volatile) ±1821.8624
November Spread (Stable) ±41.5275

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 219.9711 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -219.9711

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 2888.1436) against the same month in 2018 (average: 2953.4082), the exchange rate shifted by -65.2646 (-2.21%).

2019 Avg (January) 2888.1436
2018 Avg (January) 2953.4082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2976.4662 2806.7476 2888.1436
February 2808.6559 2555.2593 2668.1725
March 2809.1958 2519.3870 2624.8446
April 2786.3324 2626.2587 2729.9392
May 2816.1630 994.3007 2705.9712
June 2676.9077 2582.3625 2637.9923
July 2643.3293 2584.9443 2603.5901
August 2648.4711 2567.2252 2621.6620
September 2615.9500 2537.3311 2570.1536
October 2637.2052 2541.1733 2587.1942
November 2552.8951 2511.3676 2535.2035
December 2509.2215 2426.0691 2455.1214