YEARLY HIGH
745.4919 MGA
YEARLY LOW
250.3180 MGA
YEARLY AVERAGE
677.0971 MGA

2019 GHS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 745.4919. Conversely, the yearly low was recorded on May 19, dropping to 250.3180.

This high-to-low spread represents a total annual volatility of 495.1739 MGA. From a start-to-finish perspective, comparing the January average rate of 726.2608 to the December average rate of 632.8158, the exchange rate registered a net change of -12.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 745.4919 was down 1.53% compared to the 2018 peak of 757.0953, 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 3,727,459 MGA
2018 Average 3,568,252 MGA
Yearly Trough Low 1,251,590 MGA
Transaction Impact: A difference of 2,475,869.49 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

735.6053
623.4713
JanuMarcMayJulySeptNove

GHS to MGA 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 685.5557, compared to 668.6386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.9171 points.

H1 Avg (Jan–Jun) 685.5557
H2 Avg (Jul–Dec) 668.6386

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 457.0230 MGA (High: 707.3410 / Low: 250.3180). On the other end, August was the most stable month, with a tight range of 8.2853 MGA (High: 684.7564 / Low: 676.4711).

May Spread (Volatile) ±457.0230
August Spread (Stable) ±8.2853

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 53.7447 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -53.7447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 726.2608) against the same month in 2018 (average: 714.1052), the exchange rate shifted by +12.1556 (+1.70%).

2019 Avg (January) 726.2608
2018 Avg (January) 714.1052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 745.4919 702.0535 726.2608
February 697.0390 639.7531 672.5161
March 696.5718 621.8861 653.9461
April 714.5606 663.0283 697.7523
May 707.3410 250.3180 686.6838
June 683.6276 667.9162 676.1749
July 683.4749 667.2828 674.7969
August 684.7564 676.4711 679.9229
September 693.4764 674.8235 682.4584
October 692.0134 664.2336 676.1094
November 676.9706 644.8615 665.7281
December 652.8199 425.4868 632.8158