YEARLY HIGH
273.0769 MMK
YEARLY LOW
219.4230 MMK
YEARLY AVERAGE
240.3058 MMK

2020 GHS to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 273.0769. Conversely, the yearly low was recorded on October 10, dropping to 219.4230.

This high-to-low spread represents a total annual volatility of 53.6538 MMK. From a start-to-finish perspective, comparing the January average rate of 259.8285 to the December average rate of 227.8401, the exchange rate registered a net change of -12.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 273.0769 was down 14.69% compared to the 2019 peak of 320.1178, 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 1,365,384 MMK
2019 Average 1,418,478 MMK
Yearly Trough Low 1,097,115 MMK
Transaction Impact: A difference of 268,269.14 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

274.3771
217.5616
JanuMarcMayJulySeptNove

GHS to MMK 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 251.7302, compared to 228.8814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.8488 points.

H1 Avg (Jan–Jun) 251.7302
H2 Avg (Jul–Dec) 228.8814

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 26.2752 MMK (High: 266.1164 / Low: 239.8411). On the other end, May was the most stable month, with a tight range of 4.7495 MMK (High: 245.3452 / Low: 240.5957).

March Spread (Volatile) ±26.2752
May Spread (Stable) ±4.7495

Growth Streaks & Declines

Trends

Between October and December, 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 18.6084 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -18.6084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 269.6424) against the same month in 2019 (average: 290.8529), the exchange rate shifted by -21.2105 (-7.29%).

2020 Avg (February) 269.6424
2019 Avg (February) 290.8529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 265.9717 255.6370 259.8285
February 273.0769 265.9717 269.6424
March 266.1164 239.8411 251.0340
April 250.6917 241.4129 245.9621
May 245.3452 240.5957 242.9381
June 243.3530 236.8393 240.9763
July 241.4807 234.5625 236.8934
August 238.1754 230.1719 235.1454
September 231.0403 225.6675 228.3866
October 225.5566 219.4230 222.2962
November 224.9924 220.1145 222.7269
December 236.0913 222.4416 227.8401