2019 GHS to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GHS to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GHS to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 119.2839. Conversely, the yearly low was recorded on May 19, dropping to 40.4480.
This high-to-low spread represents a total annual volatility of 78.8358 XOF. From a start-to-finish perspective, comparing the January average rate of 117.2326 to the December average rate of 103.6073, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 119.2839 was down 2.80% compared to the 2018 peak of 122.7257, 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 XOF 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 110.8567, compared to 107.5231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3336 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 73.5946 XOF (High: 114.0426 / Low: 40.4480). On the other end, November was the most stable month, with a tight range of 1.7981 XOF (High: 107.9417 / Low: 106.1436).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 7.3256 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 117.2326) against the same month in 2018 (average: 118.4198), the exchange rate shifted by -1.1872 (-1.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 119.2839 | 114.4857 | 117.2326 |
| February | 115.2625 | 105.1672 | 109.9071 |
| March | 114.0492 | 102.4655 | 107.1762 |
| April | 115.4746 | 108.0408 | 112.7717 |
| May | 114.0426 | 40.4480 | 110.4497 |
| June | 109.1729 | 105.5074 | 107.6029 |
| July | 109.8503 | 107.2234 | 108.5279 |
| August | 109.9764 | 107.2205 | 108.5864 |
| September | 110.7398 | 107.2582 | 108.5698 |
| October | 111.6235 | 106.7618 | 108.7843 |
| November | 107.9417 | 106.1436 | 107.0627 |
| December | 106.1173 | 102.4093 | 103.6073 |