2020 GHS to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 169.1729. Conversely, the yearly low was recorded on December 7, dropping to 150.6937.
This high-to-low spread represents a total annual volatility of 18.4793 KPW. From a start-to-finish perspective, comparing the January average rate of 159.2439 to the December average rate of 153.3685, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 169.1729 was down 9.29% compared to the 2019 peak of 186.5014, 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 KPW 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 159.1846, compared to 154.9542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2304 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 10.8790 KPW (High: 166.7394 / Low: 155.8604). On the other end, August was the most stable month, with a tight range of 0.7715 KPW (High: 156.3041 / Low: 155.5326).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.0155 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 167.3308) against the same month in 2019 (average: 171.1754), the exchange rate shifted by -3.8446 (-2.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 163.6364 | 157.5383 | 159.2439 |
| February | 169.1729 | 163.6364 | 167.3308 |
| March | 166.7394 | 155.8604 | 161.3154 |
| April | 158.2358 | 154.5162 | 155.8301 |
| May | 156.5286 | 155.0982 | 155.8354 |
| June | 156.6648 | 154.7641 | 155.5518 |
| July | 156.6175 | 154.7721 | 155.8039 |
| August | 156.3041 | 155.5326 | 155.9288 |
| September | 155.9697 | 154.9916 | 155.5360 |
| October | 155.3773 | 154.1096 | 154.8303 |
| November | 154.6325 | 153.5552 | 154.2577 |
| December | 154.1096 | 150.6937 | 153.3685 |