2020 GHS to MOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to MOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 1.5087. Conversely, the yearly low was recorded on December 7, dropping to 1.3371.
This high-to-low spread represents a total annual volatility of 0.1716 MOP. From a start-to-finish perspective, comparing the January average rate of 1.4167 to the December average rate of 1.3608, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 1.5087 was down 9.78% compared to the 2019 peak of 1.6723, 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 MOP 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 1.4137, compared to 1.3746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0391 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.1035 MOP (High: 1.4866 / Low: 1.3831). On the other end, August was the most stable month, with a tight range of 0.0066 MOP (High: 1.3865 / Low: 1.3799).
Growth Streaks & Declines
TrendsBetween June and August, 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 0.0559 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 1.4888) against the same month in 2019 (average: 1.5375), the exchange rate shifted by -0.0487 (-3.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.4546 | 1.4022 | 1.4167 |
| February | 1.5087 | 1.4546 | 1.4888 |
| March | 1.4866 | 1.3831 | 1.4329 |
| April | 1.3986 | 1.3701 | 1.3820 |
| May | 1.3887 | 1.3728 | 1.3821 |
| June | 1.3893 | 1.3733 | 1.3797 |
| July | 1.3885 | 1.3727 | 1.3821 |
| August | 1.3865 | 1.3799 | 1.3833 |
| September | 1.3836 | 1.3754 | 1.3796 |
| October | 1.3782 | 1.3672 | 1.3733 |
| November | 1.3723 | 1.3625 | 1.3687 |
| December | 1.3670 | 1.3371 | 1.3608 |