2019 GHS to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GHS to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GHS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 51492.5591. Conversely, the yearly low was recorded on May 19, dropping to 17107.0906.
This high-to-low spread represents a total annual volatility of 34385.4684 VEF. From a start-to-finish perspective, comparing the January average rate of 50710.8083 to the December average rate of 43610.8528, the exchange rate registered a net change of -14.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 51492.5591 was down 2.22% compared to the 2018 peak of 52663.6221, 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 2019.
GHS to VEF 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 47453.0895, compared to 45209.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2244.0723 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 31313.2827 VEF (High: 48420.3733 / Low: 17107.0906). On the other end, July was the most stable month, with a tight range of 618.1473 VEF (High: 46465.7431 / Low: 45847.5958).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3449.7331 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 50710.8083) against the same month in 2018 (average: 2.2252), the exchange rate shifted by +50708.5831 (+2278827.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51492.5591 | 49569.6388 | 50710.8083 |
| February | 50018.5878 | 45179.5713 | 47261.0751 |
| March | 48802.4045 | 43987.8680 | 45874.3016 |
| April | 48789.5740 | 45859.6702 | 47988.8176 |
| May | 48420.3733 | 17107.0906 | 46824.2924 |
| June | 46367.7405 | 45437.6157 | 46059.2420 |
| July | 46465.7431 | 45847.5958 | 46104.7405 |
| August | 46402.5398 | 45379.6543 | 45815.8277 |
| September | 45903.8930 | 45119.3411 | 45321.4466 |
| October | 46269.8574 | 45117.3258 | 45576.6612 |
| November | 45242.3842 | 44302.8896 | 44824.5745 |
| December | 44293.1526 | 43177.6963 | 43610.8528 |