2019 GHS to ILS Historical Review

YEARLY HIGH

0.7736 ILS

YEARLY LOW

0.2459 ILS

YEARLY AVERAGE

0.6648 ILS

2019 GHS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7736. Conversely, the yearly low was recorded on May 19, dropping to 0.2459.

This high-to-low spread represents a total annual volatility of 0.5277 ILS. From a start-to-finish perspective, comparing the January average rate of 0.7523 to the December average rate of 0.6098, the exchange rate registered a net change of -18.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7736 was down 4.19% compared to the 2018 peak of 0.8074, 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 3,868 ILS

2018 Average 3,840 ILS

Yearly Trough Low 1,229 ILS

Transaction Impact: A difference of 2,638.58 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7665

0.5955

JanuMarcMayJulySeptNove

GHS to ILS 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 0.6912, compared to 0.6384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0528 points.

H1 Avg (Jan–Jun) 0.6912

H2 Avg (Jul–Dec) 0.6384

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.4510 ILS (High: 0.6968 / Low: 0.2459). On the other end, October was the most stable month, with a tight range of 0.0105 ILS (High: 0.6502 / Low: 0.6397).

May Spread (Volatile) ±0.4510

October Spread (Stable) ±0.0105

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 0.0627 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.7523) against the same month in 2018 (average: 0.7534), the exchange rate shifted by -0.0011 (-0.14%).

2019 Avg (January) 0.7523

2018 Avg (January) 0.7534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7736	0.7300	0.7523
February	0.7322	0.6580	0.6896
March	0.7113	0.6373	0.6680
April	0.7104	0.6682	0.6940
May	0.6968	0.2459	0.6765
June	0.6748	0.6560	0.6666
July	0.6652	0.6477	0.6577
August	0.6558	0.6409	0.6470
September	0.6477	0.6339	0.6419
October	0.6502	0.6397	0.6451
November	0.6419	0.6188	0.6286
December	0.6187	0.6039	0.6098