YEARLY HIGH
8832.4013 IRR
YEARLY LOW
2928.2601 IRR
YEARLY AVERAGE
7860.0122 IRR

2019 GHS to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 8832.4013. Conversely, the yearly low was recorded on May 19, dropping to 2928.2601.

This high-to-low spread represents a total annual volatility of 5904.1412 IRR. From a start-to-finish perspective, comparing the January average rate of 8634.4107 to the December average rate of 7389.6776, the exchange rate registered a net change of -14.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 8832.4013 was down 4.78% compared to the 2018 peak of 9275.6641, 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 44,162,006 IRR
2018 Average 43,406,235 IRR
Yearly Trough Low 14,641,301 IRR
Transaction Impact: A difference of 29,520,705.84 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

8758.8840
7265.2043
JanuMarcMayJulySeptNove

GHS to IRR 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 8059.1026, compared to 7660.9219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 398.1807 points.

H1 Avg (Jan–Jun) 8059.1026
H2 Avg (Jul–Dec) 7660.9219

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 5330.4196 IRR (High: 8258.6797 / Low: 2928.2601). On the other end, July was the most stable month, with a tight range of 104.7420 IRR (High: 7873.3900 / Low: 7768.6480).

May Spread (Volatile) ±5330.4196
July Spread (Stable) ±104.7420

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 623.4821 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -623.4821

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 8634.4107) against the same month in 2018 (average: 7937.7698), the exchange rate shifted by +696.6409 (+8.78%).

2019 Avg (January) 8634.4107
2018 Avg (January) 7937.7698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8832.4013 8399.3297 8634.4107
February 8475.4019 7655.4545 8010.9285
March 8358.6739 7453.5263 7786.0644
April 8312.3666 7770.6939 8151.9634
May 8258.6797 2928.2601 7944.2605
June 7976.7549 7699.1789 7826.9880
July 7873.3900 7768.6480 7812.2199
August 7862.6805 7689.3576 7763.4793
September 7778.1873 7645.2488 7681.7033
October 7840.1981 7644.9074 7722.8513
November 7674.8173 7506.9052 7595.5998
December 7505.2553 7316.2467 7389.6776