2020 GHS to VEF Historical Review

YEARLY HIGH

46708.2034 VEF

YEARLY LOW

41606.1270 VEF

YEARLY AVERAGE

43366.4456 VEF

2020 GHS to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GHS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 46708.2034. Conversely, the yearly low was recorded on December 7, dropping to 41606.1270.

This high-to-low spread represents a total annual volatility of 5102.0765 VEF. From a start-to-finish perspective, comparing the January average rate of 43966.8246 to the December average rate of 42344.6320, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 46708.2034 was down 9.29% compared to the 2019 peak of 51492.5591, 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 233,541,017 VEF

2019 Average 231,632,528 VEF

Yearly Trough Low 208,030,635 VEF

Transaction Impact: A difference of 25,510,382.26 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

46585.0958

41959.1353

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 43950.4451, compared to 42782.4460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1167.9992 points.

H1 Avg (Jan–Jun) 43950.4451

H2 Avg (Jul–Dec) 42782.4460

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3003.6580 VEF (High: 46036.3070 / Low: 43032.6490). On the other end, August was the most stable month, with a tight range of 213.0100 VEF (High: 43155.1476 / Low: 42942.1376).

March Spread (Volatile) ±3003.6580

August Spread (Stable) ±213.0100

Growth Streaks & Declines

Trends

Between June and August, 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 1660.8514 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1660.8514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 46199.5991) against the same month in 2019 (average: 47261.0751), the exchange rate shifted by -1061.4760 (-2.25%).

2020 Avg (February) 46199.5991

2019 Avg (February) 47261.0751

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45179.5713	43495.9232	43966.8246
February	46708.2034	45179.5713	46199.5991
March	46036.3070	43032.6490	44538.7477
April	43688.4911	42661.5179	43024.2924
May	43217.1287	42822.2087	43025.7532
June	43254.7356	42729.9488	42947.4539
July	43241.6684	42732.1827	43017.0536
August	43155.1476	42942.1376	43051.5262
September	43062.8147	42792.7770	42943.0865
October	42899.2648	42549.2538	42748.2412
November	42693.6373	42396.1992	42590.1362
December	42549.2538	41606.1270	42344.6320