2020 GHS to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 288.7891. Conversely, the yearly low was recorded on July 6, dropping to 146.0551.
This high-to-low spread represents a total annual volatility of 142.7341 LBP. From a start-to-finish perspective, comparing the January average rate of 267.7918 to the December average rate of 258.1455, the exchange rate registered a net change of -3.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 288.7891 was down 7.75% compared to the 2019 peak of 313.0555, 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 LBP 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 267.1901, compared to 260.0754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.1147 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 117.1644 LBP (High: 263.2195 / Low: 146.0551). On the other end, August was the most stable month, with a tight range of 1.4176 LBP (High: 262.8142 / Low: 261.3966).
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 13.6100 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2020: 262.4780) against the same month in 2019 (average: 279.8438), the exchange rate shifted by -17.3658 (-6.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 275.2727 | 264.8570 | 267.7918 |
| February | 284.3263 | 275.2727 | 281.2512 |
| March | 280.3074 | 168.1002 | 267.6412 |
| April | 265.1079 | 259.5981 | 262.0445 |
| May | 263.1616 | 260.6980 | 261.9336 |
| June | 288.7891 | 260.1091 | 262.4780 |
| July | 263.2195 | 146.0551 | 258.2503 |
| August | 262.8142 | 261.3966 | 262.0958 |
| September | 263.8817 | 260.6780 | 261.7882 |
| October | 261.6910 | 258.9592 | 260.5152 |
| November | 260.7028 | 258.0353 | 259.6574 |
| December | 259.8802 | 253.4094 | 258.1455 |