YEARLY HIGH
21.0310 JPY
YEARLY LOW
17.4153 JPY
YEARLY AVERAGE
18.6388 JPY

2020 GHS to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 21.0310. Conversely, the yearly low was recorded on December 7, dropping to 17.4153.

This high-to-low spread represents a total annual volatility of 3.6157 JPY. From a start-to-finish perspective, comparing the January average rate of 19.3282 to the December average rate of 17.6807, the exchange rate registered a net change of -8.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.0310 was down 7.31% compared to the 2019 peak of 22.6903, 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 105,155 JPY
2019 Average 101,623 JPY
Yearly Trough Low 87,077 JPY
Transaction Impact: A difference of 18,078.53 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

20.7113
17.4052
JanuMarcMayJulySeptNove

GHS to JPY 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 19.1512, compared to 18.1265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0247 points.

H1 Avg (Jan–Jun) 19.1512
H2 Avg (Jul–Dec) 18.1265

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.4860 JPY (High: 20.1049 / Low: 18.6190). On the other end, May was the most stable month, with a tight range of 0.3275 JPY (High: 18.6887 / Low: 18.3612).

March Spread (Volatile) ±1.4860
May Spread (Stable) ±0.3275

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.1414 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.1414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 20.4358) against the same month in 2019 (average: 20.9870), the exchange rate shifted by -0.5511 (-2.63%).

2020 Avg (February) 20.4358
2019 Avg (February) 20.9870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.7082 18.8999 19.3282
February 21.0310 19.7082 20.4358
March 20.1049 18.6190 19.2944
April 18.9356 18.3764 18.6750
May 18.6887 18.3612 18.5681
June 18.9702 18.3946 18.6055
July 18.6536 18.1359 18.4830
August 18.5797 18.2105 18.3647
September 18.4080 18.0293 18.2524
October 18.2846 17.9204 18.1010
November 18.1090 17.7122 17.8771
December 17.8701 17.4153 17.6807