2020 GHS to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GHS to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GHS to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 109.6532. Conversely, the yearly low was recorded on December 7, dropping to 97.1849.
This high-to-low spread represents a total annual volatility of 12.4684 SOS. From a start-to-finish perspective, comparing the January average rate of 102.6831 to the December average rate of 99.0028, the exchange rate registered a net change of -3.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 109.6532 was down 8.73% compared to the 2019 peak of 120.1380, 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 SOS 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 102.8089, compared to 99.9821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8268 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 8.3988 SOS (High: 108.7511 / Low: 100.3523). On the other end, October was the most stable month, with a tight range of 1.0442 SOS (High: 100.6040 / Low: 99.5598).
Growth Streaks & Declines
TrendsNo 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 3.9446 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 108.3232) against the same month in 2019 (average: 110.2284), the exchange rate shifted by -1.9052 (-1.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 106.5455 | 101.3288 | 102.6831 |
| February | 109.6532 | 106.3477 | 108.3232 |
| March | 108.7511 | 100.3523 | 104.3786 |
| April | 101.6007 | 99.4698 | 100.5322 |
| May | 101.3399 | 99.8133 | 100.5299 |
| June | 100.9931 | 99.6782 | 100.4061 |
| July | 101.3877 | 100.0516 | 100.5276 |
| August | 101.3877 | 99.7364 | 100.4036 |
| September | 101.1246 | 99.8948 | 100.3882 |
| October | 100.6040 | 99.5598 | 99.9644 |
| November | 100.0000 | 98.8076 | 99.6059 |
| December | 99.7434 | 97.1849 | 99.0028 |