2020 GHS to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |