2020 GHS to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 10.2102. Conversely, the yearly low was recorded on January 5, dropping to 7.8988.
This high-to-low spread represents a total annual volatility of 2.3114 SDG. From a start-to-finish perspective, comparing the January average rate of 8.0181 to the December average rate of 9.4191, the exchange rate registered a net change of 17.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.2102 was up 3.45% compared to the 2019 peak of 9.8697, 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 SDG 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 9.3776, compared to 9.5209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1433 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 1.2340 SDG (High: 10.1340 / Low: 8.9000). On the other end, August was the most stable month, with a tight range of 0.0517 SDG (High: 9.6084 / Low: 9.5566).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3285 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 9.9031) against the same month in 2019 (average: 8.7929), the exchange rate shifted by +1.1102 (+12.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.9000 | 7.8988 | 8.0181 |
| February | 10.1340 | 8.9000 | 9.6367 |
| March | 10.2102 | 9.5682 | 9.9031 |
| April | 9.7227 | 9.4946 | 9.5746 |
| May | 9.6222 | 9.5342 | 9.5775 |
| June | 9.6262 | 9.5008 | 9.5554 |
| July | 9.6233 | 9.5142 | 9.5754 |
| August | 9.6084 | 9.5566 | 9.5821 |
| September | 9.5878 | 9.5234 | 9.5587 |
| October | 9.5471 | 9.4649 | 9.5099 |
| November | 9.5013 | 9.4394 | 9.4800 |
| December | 9.4692 | 9.2635 | 9.4191 |