2020 GHS to MGA Historical Review

YEARLY HIGH

701.5318 MGA

YEARLY LOW

633.8968 MGA

YEARLY AVERAGE

664.6331 MGA

2020 GHS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 701.5318. Conversely, the yearly low was recorded on December 17, dropping to 633.8968.

This high-to-low spread represents a total annual volatility of 67.6351 MGA. From a start-to-finish perspective, comparing the January average rate of 651.2670 to the December average rate of 650.6747, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 701.5318 was down 5.90% compared to the 2019 peak of 745.4919, 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 3,507,659 MGA

2019 Average 3,385,486 MGA

Yearly Trough Low 3,169,484 MGA

Transaction Impact: A difference of 338,175.28 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

692.5363

646.8691

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 663.5692, compared to 665.6971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1279 points.

H1 Avg (Jan–Jun) 663.5692

H2 Avg (Jul–Dec) 665.6971

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 42.4409 MGA (High: 701.5318 / Low: 659.0909). On the other end, September was the most stable month, with a tight range of 9.1450 MGA (High: 672.1741 / Low: 663.0291).

February Spread (Volatile) ±42.4409

September Spread (Stable) ±9.1450

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 21.6083 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -21.6083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 688.7307) against the same month in 2019 (average: 672.5161), the exchange rate shifted by +16.2146 (+2.41%).

2020 Avg (February) 688.7307

2019 Avg (February) 672.5161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	663.8884	633.9755	651.2670
February	701.5318	659.0909	688.7307
March	689.8197	649.6535	667.1224
April	661.9820	643.8175	653.4051
May	663.8328	653.6199	659.5753
June	667.9596	646.9317	661.3145
July	670.2809	659.4970	665.4845
August	667.9988	656.6724	664.8002
September	672.1741	663.0291	667.1905
October	681.9815	668.6695	673.8894
November	681.8182	645.5186	672.1434
December	666.0971	633.8968	650.6747