YEARLY HIGH
0.2931 GHS
YEARLY LOW
0.0976 GHS
YEARLY AVERAGE
0.1075 GHS

2019 GMD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.2931. Conversely, the yearly low was recorded on January 6, dropping to 0.0976.

This high-to-low spread represents a total annual volatility of 0.1956 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0990 to the December average rate of 0.1110, the exchange rate registered a net change of 12.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2931 was up 186.26% compared to the 2018 peak of 0.1024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 1,466 GHS
2018 Average 487 GHS
Yearly Trough Low 488 GHS
Transaction Impact: A difference of 977.77 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1122
0.0978
JanuMarcMayJulySeptNove

GMD to GHS 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 0.1064, compared to 0.1086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1064
H2 Avg (Jul–Dec) 0.1086

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.1897 GHS (High: 0.2931 / Low: 0.1035). On the other end, September was the most stable month, with a tight range of 0.0018 GHS (High: 0.1097 / Low: 0.1079).

May Spread (Volatile) ±0.1897
September Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0048 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.1108) against the same month in 2018 (average: 0.0969), the exchange rate shifted by +0.0139 (+14.32%).

2019 Avg (May) 0.1108
2018 Avg (May) 0.0969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1012 0.0976 0.0990
February 0.1110 0.1004 0.1062
March 0.1138 0.1024 0.1093
April 0.1090 0.1027 0.1045
May 0.2931 0.1035 0.1108
June 0.1101 0.1080 0.1088
July 0.1091 0.1071 0.1081
August 0.1091 0.1069 0.1081
September 0.1097 0.1079 0.1088
October 0.1085 0.1063 0.1075
November 0.1099 0.1073 0.1083
December 0.1121 0.1096 0.1110