2019 GHS to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GHS to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GHS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 508.4755. Conversely, the yearly low was recorded on May 19, dropping to 168.9280.
This high-to-low spread represents a total annual volatility of 339.5474 MNT. From a start-to-finish perspective, comparing the January average rate of 500.7559 to the December average rate of 473.2118, the exchange rate registered a net change of -5.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 508.4755 was down 6.35% compared to the 2018 peak of 542.9326, 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 2019.
GHS to MNT 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 472.2793, compared to 486.1611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.8818 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 320.7378 MNT (High: 489.6658 / Low: 168.9280). On the other end, July was the most stable month, with a tight range of 7.9581 MNT (High: 497.6457 / Low: 489.6876).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 30.1599 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 500.7559) against the same month in 2018 (average: 533.4988), the exchange rate shifted by -32.7429 (-6.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 508.4755 | 489.4871 | 500.7559 |
| February | 493.9204 | 448.1735 | 470.5960 |
| March | 492.7667 | 434.3686 | 458.2460 |
| April | 491.4412 | 463.7622 | 482.0407 |
| May | 489.6658 | 168.9280 | 463.1625 |
| June | 489.4159 | 448.6845 | 458.8746 |
| July | 497.6457 | 489.6876 | 493.2449 |
| August | 496.8605 | 486.7463 | 491.0749 |
| September | 491.7076 | 482.9628 | 485.8444 |
| October | 496.0647 | 485.7777 | 489.3187 |
| November | 488.1978 | 479.6575 | 484.2717 |
| December | 479.5520 | 468.2224 | 473.2118 |