2020 GHS to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 3498.9169. Conversely, the yearly low was recorded on December 7, dropping to 68.0926.
This high-to-low spread represents a total annual volatility of 3430.8242 KMF. From a start-to-finish perspective, comparing the January average rate of 78.4779 to the December average rate of 179.5832, the exchange rate registered a net change of 128.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 3498.9169 was down 15.52% compared to the 2019 peak of 4141.5196, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
GHS to KMF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 79.0943, compared to 90.2788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.1846 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 3430.8242 KMF (High: 3498.9169 / Low: 68.0926). On the other end, October was the most stable month, with a tight range of 1.1542 KMF (High: 72.5625 / Low: 71.4083).
Growth Streaks & Declines
TrendsNo 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 3.8653 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 179.5832) against the same month in 2019 (average: 77.8343), the exchange rate shifted by +101.7489 (+130.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 80.9341 | 77.2289 | 78.4779 |
| February | 85.6200 | 80.9341 | 83.8731 |
| March | 82.9343 | 77.3591 | 80.0078 |
| April | 79.6191 | 77.5243 | 78.4893 |
| May | 79.1535 | 76.7153 | 78.1574 |
| June | 77.0007 | 74.7506 | 75.5601 |
| July | 75.7699 | 72.4044 | 74.4928 |
| August | 72.7851 | 71.3780 | 72.0289 |
| September | 73.1715 | 71.4549 | 72.2363 |
| October | 72.5625 | 71.4083 | 72.0267 |
| November | 72.6871 | 70.3368 | 71.3052 |
| December | 3498.9169 | 68.0926 | 179.5832 |