2020 GHS to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 3.6366. Conversely, the yearly low was recorded on January 5, dropping to 2.2457.
This high-to-low spread represents a total annual volatility of 1.3909 SCR. From a start-to-finish perspective, comparing the January average rate of 2.4175 to the December average rate of 3.6119, the exchange rate registered a net change of 49.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 3.6366 was up 28.62% compared to the 2019 peak of 2.8273, 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 SCR 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 2.7154, compared to 3.2565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5411 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 0.6969 SCR (High: 3.0687 / Low: 2.3718). On the other end, September was the most stable month, with a tight range of 0.0202 SCR (High: 3.1102 / Low: 3.0901).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0913 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 3.6119) against the same month in 2019 (average: 2.4044), the exchange rate shifted by +1.2075 (+50.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.4639 | 2.2457 | 2.4175 |
| February | 2.5923 | 2.4600 | 2.5407 |
| March | 2.5390 | 2.2560 | 2.4493 |
| April | 3.0687 | 2.3718 | 2.8354 |
| May | 3.1327 | 2.7885 | 3.0126 |
| June | 3.0754 | 2.9027 | 3.0372 |
| July | 3.1010 | 3.0273 | 3.0569 |
| August | 3.2043 | 3.0811 | 3.0951 |
| September | 3.1102 | 3.0901 | 3.1023 |
| October | 3.3163 | 3.1004 | 3.1812 |
| November | 3.5674 | 3.3177 | 3.4916 |
| December | 3.6366 | 3.5508 | 3.6119 |