2020 GHS to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 228.5543. Conversely, the yearly low was recorded on December 7, dropping to 181.6162.
This high-to-low spread represents a total annual volatility of 46.9381 KRW. From a start-to-finish perspective, comparing the January average rate of 206.3363 to the December average rate of 186.4652, the exchange rate registered a net change of -9.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 228.5543 was down 1.63% compared to the 2019 peak of 232.3414, 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 KRW 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 213.2690, compared to 198.5516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.7174 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 14.5525 KRW (High: 217.4491 / Low: 202.8966). On the other end, August was the most stable month, with a tight range of 3.1155 KRW (High: 207.1795 / Low: 204.0640).
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 September and October, when the average rate fell by 6.6998 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 222.1666) against the same month in 2019 (average: 213.5585), the exchange rate shifted by +8.6081 (+4.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 217.4491 | 202.8966 | 206.3363 |
| February | 228.5543 | 217.4491 | 222.1666 |
| March | 224.5980 | 210.7281 | 217.9400 |
| April | 215.1322 | 208.1738 | 211.7053 |
| May | 215.2056 | 210.9657 | 212.8614 |
| June | 212.9005 | 206.0976 | 208.6042 |
| July | 209.5526 | 205.8964 | 207.5932 |
| August | 207.1795 | 204.0640 | 205.6992 |
| September | 206.2009 | 200.6005 | 203.5635 |
| October | 201.2683 | 193.7732 | 196.8637 |
| November | 195.0834 | 188.8653 | 191.1248 |
| December | 188.9269 | 181.6162 | 186.4652 |