2020 GHS to MZN Historical Review

YEARLY HIGH

12.7957 MZN

YEARLY LOW

10.7747 MZN

YEARLY AVERAGE

12.1035 MZN

2020 GHS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 12.7957. Conversely, the yearly low was recorded on January 5, dropping to 10.7747.

This high-to-low spread represents a total annual volatility of 2.0210 MZN. From a start-to-finish perspective, comparing the January average rate of 11.0690 to the December average rate of 12.6928, the exchange rate registered a net change of 14.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.7957 was up 0.46% compared to the 2019 peak of 12.7377, 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 63,979 MZN

2019 Average 58,310 MZN

Yearly Trough Low 53,874 MZN

Transaction Impact: A difference of 10,104.86 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.8552

10.9066

JanuMarcMayJulySeptNove

GHS to MZN 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 11.7422, compared to 12.4647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7226 points.

H1 Avg (Jan–Jun) 11.7422

H2 Avg (Jul–Dec) 12.4647

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.8162 MZN (High: 11.5909 / Low: 10.7747). On the other end, September was the most stable month, with a tight range of 0.0827 MZN (High: 12.4727 / Low: 12.3900).

January Spread (Volatile) ±0.8162

September Spread (Stable) ±0.0827

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1930 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 12.6928) against the same month in 2019 (average: 11.0773), the exchange rate shifted by +1.6155 (+14.58%).

2020 Avg (December) 12.6928

2019 Avg (December) 11.0773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5909	10.7747	11.0690
February	12.2072	11.5909	11.9809
March	12.1047	11.5550	11.8358
April	11.8301	11.5196	11.6428
May	12.0312	11.7034	11.8647
June	12.1153	11.9624	12.0600
July	12.2897	12.0636	12.1918
August	12.4195	12.2525	12.3334
September	12.4727	12.3900	12.4288
October	12.5656	12.4549	12.5102
November	12.7078	12.5386	12.6314
December	12.7957	12.4388	12.6928