2020 GHS to SGD Historical Review

YEARLY HIGH

0.2635 SGD

YEARLY LOW

0.2238 SGD

YEARLY AVERAGE

0.2408 SGD

2020 GHS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.2635. Conversely, the yearly low was recorded on December 7, dropping to 0.2238.

This high-to-low spread represents a total annual volatility of 0.0397 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2390 to the December average rate of 0.2270, the exchange rate registered a net change of -5.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2635 was down 6.56% compared to the 2019 peak of 0.2820, 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 1,318 SGD

2019 Average 1,271 SGD

Yearly Trough Low 1,119 SGD

Transaction Impact: A difference of 198.47 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2614

0.2239

JanuMarcMayJulySeptNove

GHS to SGD 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 0.2474, compared to 0.2342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.2474

H2 Avg (Jul–Dec) 0.2342

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0154 SGD (High: 0.2635 / Low: 0.2482). On the other end, May was the most stable month, with a tight range of 0.0031 SGD (High: 0.2471 / Low: 0.2440).

February Spread (Volatile) ±0.0154

May Spread (Stable) ±0.0031

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 March and April, when the average rate fell by 0.0073 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.2583) against the same month in 2019 (average: 0.2575), the exchange rate shifted by +0.0008 (+0.32%).

2020 Avg (February) 0.2583

2019 Avg (February) 0.2575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2482	0.2362	0.2390
February	0.2635	0.2482	0.2583
March	0.2594	0.2462	0.2538
April	0.2504	0.2426	0.2465
May	0.2471	0.2440	0.2456
June	0.2451	0.2391	0.2409
July	0.2420	0.2376	0.2402
August	0.2386	0.2347	0.2372
September	0.2377	0.2345	0.2361
October	0.2354	0.2323	0.2339
November	0.2347	0.2286	0.2308
December	0.2289	0.2238	0.2270