YEARLY HIGH
518.0277 MNT
YEARLY LOW
472.7262 MNT
YEARLY AVERAGE
489.9227 MNT

2020 GHS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 518.0277. Conversely, the yearly low was recorded on January 5, dropping to 472.7262.

This high-to-low spread represents a total annual volatility of 45.3015 MNT. From a start-to-finish perspective, comparing the January average rate of 478.2802 to the December average rate of 486.1850, the exchange rate registered a net change of 1.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 518.0277 was up 1.88% compared to the 2019 peak of 508.4755, 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 2,590,138 MNT
2019 Average 2,396,535 MNT
Yearly Trough Low 2,363,631 MNT
Transaction Impact: A difference of 226,507.26 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

513.8989
475.0422
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 489.2967, compared to 490.5486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2518 points.

H1 Avg (Jan–Jun) 489.2967
H2 Avg (Jul–Dec) 490.5486

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 32.4743 MNT (High: 510.7264 / Low: 478.2521). On the other end, August was the most stable month, with a tight range of 2.5429 MNT (High: 494.6872 / Low: 492.1444).

March Spread (Volatile) ±32.4743
August Spread (Stable) ±2.5429

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 16.1025 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -16.1025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 510.6609) against the same month in 2019 (average: 470.5960), the exchange rate shifted by +40.0649 (+8.51%).

2020 Avg (February) 510.6609
2019 Avg (February) 470.5960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 491.7633 472.7262 478.2802
February 518.0277 492.2807 510.6609
March 510.7264 478.2521 494.5584
April 489.8965 477.9002 481.9183
May 486.1957 480.1046 483.9561
June 488.2556 481.8965 486.4066
July 494.1949 486.3417 490.9338
August 494.6872 492.1444 493.5042
September 496.3217 492.1607 494.3149
October 493.8000 486.5622 490.3383
November 490.2013 485.3983 488.0152
December 488.4749 476.5129 486.1850