2020 GHS to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 1779.8262. Conversely, the yearly low was recorded on April 2, dropping to 1310.5456.
This high-to-low spread represents a total annual volatility of 469.2806 SLL. From a start-to-finish perspective, comparing the January average rate of 1324.8781 to the December average rate of 1725.8720, the exchange rate registered a net change of 30.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1779.8262 was up 2.37% compared to the 2019 peak of 1738.6079, 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 SLL 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 1505.9011, compared to 1709.3845 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 203.4833 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 400.1042 SLL (High: 1710.6499 / Low: 1310.5456). On the other end, August was the most stable month, with a tight range of 16.9032 SLL (High: 1715.0135 / Low: 1698.1104).
Growth Streaks & Declines
TrendsBetween March and May, 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 February and March, when the average rate fell by 46.5946 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 1727.9285) against the same month in 2019 (average: 1341.7453), the exchange rate shifted by +386.1832 (+28.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1360.8564 | 1310.7266 | 1324.8781 |
| February | 1429.6050 | 1360.8564 | 1409.2637 |
| March | 1409.3489 | 1316.6737 | 1362.6692 |
| April | 1710.6499 | 1310.5456 | 1562.3181 |
| May | 1707.5434 | 1673.2759 | 1692.3128 |
| June | 1698.0721 | 1676.6106 | 1683.9649 |
| July | 1701.9739 | 1677.9046 | 1690.3602 |
| August | 1715.0135 | 1698.1104 | 1705.9536 |
| September | 1712.6034 | 1690.1142 | 1703.7352 |
| October | 1715.5766 | 1688.8412 | 1702.4573 |
| November | 1779.8262 | 1709.2565 | 1727.9285 |
| December | 1741.5069 | 1706.1692 | 1725.8720 |