2020 GHS to NAD Historical Review

YEARLY HIGH

3.3138 NAD

YEARLY LOW

2.4536 NAD

YEARLY AVERAGE

2.8741 NAD

2020 GHS to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 3.3138. Conversely, the yearly low was recorded on January 4, dropping to 2.4536.

This high-to-low spread represents a total annual volatility of 0.8602 NAD. From a start-to-finish perspective, comparing the January average rate of 2.5405 to the December average rate of 2.5351, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.3138 was up 11.59% compared to the 2019 peak of 2.9695, 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 16,569 NAD

2019 Average 13,478 NAD

Yearly Trough Low 12,268 NAD

Transaction Impact: A difference of 4,301.02 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.2808

2.4673

JanuMarcMayJulySeptNove

GHS to NAD 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 2.9370, compared to 2.8112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1258 points.

H1 Avg (Jan–Jun) 2.9370

H2 Avg (Jul–Dec) 2.8112

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.3487 NAD (High: 3.1239 / Low: 2.7752). On the other end, July was the most stable month, with a tight range of 0.1092 NAD (High: 2.9517 / Low: 2.8425).

October Spread (Volatile) ±0.3487

July Spread (Stable) ±0.1092

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1949 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 3.2130) against the same month in 2019 (average: 2.7362), the exchange rate shifted by +0.4768 (+17.42%).

2020 Avg (April) 3.2130

2019 Avg (April) 2.7362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6873	2.4536	2.5405
February	2.8531	2.6873	2.7840
March	3.1105	2.8330	2.9778
April	3.3138	3.0958	3.2130
May	3.2263	3.0144	3.1480
June	3.0428	2.8735	2.9586
July	2.9517	2.8425	2.8990
August	3.0690	2.8725	3.0046
September	3.0055	2.8058	2.9036
October	3.1239	2.7752	2.8598
November	2.7993	2.6081	2.6649
December	2.6201	2.4757	2.5351