YEARLY HIGH
96.8115 SYP
YEARLY LOW
85.8723 SYP
YEARLY AVERAGE
89.5778 SYP

2020 GHS to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 96.8115. Conversely, the yearly low was recorded on December 7, dropping to 85.8723.

This high-to-low spread represents a total annual volatility of 10.9392 SYP. From a start-to-finish perspective, comparing the January average rate of 91.1188 to the December average rate of 87.3984, the exchange rate registered a net change of -4.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 96.8115 was down 9.29% compared to the 2019 peak of 106.7224, 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 484,058 SYP
2019 Average 480,124 SYP
Yearly Trough Low 429,362 SYP
Transaction Impact: A difference of 54,695.93 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

96.5875
86.5630
JanuMarcMayJulySeptNove

GHS to SYP 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 90.9394, compared to 88.2162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7232 points.

H1 Avg (Jan–Jun) 90.9394
H2 Avg (Jul–Dec) 88.2162

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 6.3950 SYP (High: 95.4915 / Low: 89.0966). On the other end, August was the most stable month, with a tight range of 0.5075 SYP (High: 88.9202 / Low: 88.4127).

March Spread (Volatile) ±6.3950
August Spread (Stable) ±0.5075

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 February and March, when the average rate fell by 3.4850 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.4850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 95.7521) against the same month in 2019 (average: 97.9469), the exchange rate shifted by -2.1947 (-2.24%).

2020 Avg (February) 95.7521
2019 Avg (February) 97.9469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 93.6372 90.0255 91.1188
February 96.8115 93.6372 95.7521
March 95.4915 89.0966 92.2672
April 90.3457 88.0835 88.9063
May 89.3382 88.4309 88.8777
June 89.3207 88.2332 88.7144
July 89.3193 88.2012 88.7853
August 88.9202 88.4127 88.6738
September 88.6374 88.1211 88.4011
October 88.4314 87.7818 88.1425
November 88.1406 87.5004 87.8960
December 87.8166 85.8723 87.3984