YEARLY HIGH
0.7546 QAR
YEARLY LOW
0.2507 QAR
YEARLY AVERAGE
0.6789 QAR

2019 GHS to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.7546. Conversely, the yearly low was recorded on May 19, dropping to 0.2507.

This high-to-low spread represents a total annual volatility of 0.5039 QAR. From a start-to-finish perspective, comparing the January average rate of 0.7431 to the December average rate of 0.6390, the exchange rate registered a net change of -14.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7546 was down 8.62% compared to the 2018 peak of 0.8257, 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 3,773 QAR
2018 Average 3,892 QAR
Yearly Trough Low 1,253 QAR
Transaction Impact: A difference of 2,519.48 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7535
0.6286
JanuMarcMayJulySeptNove

GHS to QAR 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 0.6953, compared to 0.6624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0329 points.

H1 Avg (Jan–Jun) 0.6953
H2 Avg (Jul–Dec) 0.6624

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.4585 QAR (High: 0.7091 / Low: 0.2507). On the other end, July was the most stable month, with a tight range of 0.0090 QAR (High: 0.6808 / Low: 0.6718).

May Spread (Volatile) ±0.4585
July Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0505 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0505

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.7431) against the same month in 2018 (average: 0.8016), the exchange rate shifted by -0.0586 (-7.31%).

2019 Avg (January) 0.7431
2018 Avg (January) 0.8016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7546 0.7263 0.7431
February 0.7334 0.6620 0.6925
March 0.7149 0.6445 0.6722
April 0.7149 0.6720 0.7032
May 0.7091 0.2507 0.6861
June 0.6794 0.6658 0.6749
July 0.6808 0.6718 0.6756
August 0.6771 0.6649 0.6713
September 0.6726 0.6612 0.6641
October 0.6755 0.6611 0.6677
November 0.6629 0.6492 0.6568
December 0.6488 0.6326 0.6390