YEARLY HIGH
0.8349 RON
YEARLY LOW
0.6736 RON
YEARLY AVERAGE
0.7409 RON

2020 GHS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.8349. Conversely, the yearly low was recorded on December 7, dropping to 0.6736.

This high-to-low spread represents a total annual volatility of 0.1614 RON. From a start-to-finish perspective, comparing the January average rate of 0.7615 to the December average rate of 0.6819, the exchange rate registered a net change of -10.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8349 was down 2.34% compared to the 2019 peak of 0.8549, 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 4,175 RON
2019 Average 3,950 RON
Yearly Trough Low 3,368 RON
Transaction Impact: A difference of 806.94 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8277
0.6686
JanuMarcMayJulySeptNove

GHS to RON 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 0.7733, compared to 0.7085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0648 points.

H1 Avg (Jan–Jun) 0.7733
H2 Avg (Jul–Dec) 0.7085

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0578 RON (High: 0.8122 / Low: 0.7544). On the other end, October was the most stable month, with a tight range of 0.0120 RON (High: 0.7175 / Low: 0.7055).

March Spread (Volatile) ±0.0578
October Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0315 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.8145) against the same month in 2019 (average: 0.7959), the exchange rate shifted by +0.0186 (+2.33%).

2020 Avg (February) 0.8145
2019 Avg (February) 0.7959

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7833 0.7482 0.7615
February 0.8349 0.7833 0.8145
March 0.8122 0.7544 0.7830
April 0.7840 0.7551 0.7705
May 0.7758 0.7537 0.7674
June 0.7597 0.7333 0.7431
July 0.7439 0.7052 0.7311
August 0.7149 0.7021 0.7083
September 0.7244 0.7033 0.7127
October 0.7175 0.7055 0.7125
November 0.7176 0.6967 0.7047
December 0.6884 0.6736 0.6819