2020 GHS to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 138.6384. Conversely, the yearly low was recorded on April 15, dropping to 126.3487.
This high-to-low spread represents a total annual volatility of 12.2897 MWK. From a start-to-finish perspective, comparing the January average rate of 130.2660 to the December average rate of 130.7153, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 138.6384 was down 14.53% compared to the 2019 peak of 162.2165, 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 MWK 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 130.1877, compared to 129.4962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6916 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 9.1924 MWK (High: 136.6337 / Low: 127.4413). On the other end, October was the most stable month, with a tight range of 1.1164 MWK (High: 130.2926 / Low: 129.1762).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.6035 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 136.5515) against the same month in 2019 (average: 138.5741), the exchange rate shifted by -2.0226 (-1.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 133.6364 | 128.7215 | 130.2660 |
| February | 138.6384 | 133.6364 | 136.5515 |
| March | 136.6337 | 127.4413 | 131.9480 |
| April | 129.0574 | 126.3487 | 127.4269 |
| May | 128.1959 | 126.7241 | 127.4752 |
| June | 128.8007 | 126.8335 | 127.4589 |
| July | 128.7619 | 126.3972 | 127.5844 |
| August | 129.9750 | 128.2598 | 129.1834 |
| September | 130.1473 | 128.6947 | 129.5482 |
| October | 130.2926 | 129.1762 | 129.6840 |
| November | 130.8811 | 129.4351 | 130.2617 |
| December | 132.1642 | 128.3352 | 130.7153 |