2020 HKD to GHS Historical Review

YEARLY HIGH

0.7705 GHS

YEARLY LOW

0.6827 GHS

YEARLY AVERAGE

0.7392 GHS

2020 HKD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.7705. Conversely, the yearly low was recorded on February 23, dropping to 0.6827.

This high-to-low spread represents a total annual volatility of 0.0878 GHS. From a start-to-finish perspective, comparing the January average rate of 0.7271 to the December average rate of 0.7570, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7705 was down 58.36% compared to the 2019 peak of 1.8505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 19,263 GHS

2019 Average 17,193 GHS

Yearly Trough Low 17,069 GHS

Transaction Impact: A difference of 2,194.39 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7635

0.6853

JanuMarcMayJulySeptNove

HKD 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 0.7290, compared to 0.7493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 0.7290

H2 Avg (Jul–Dec) 0.7493

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0523 GHS (High: 0.7449 / Low: 0.6926). On the other end, August was the most stable month, with a tight range of 0.0037 GHS (High: 0.7466 / Low: 0.7429).

March Spread (Volatile) ±0.0523

August Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0353 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7570) against the same month in 2019 (average: 0.7301), the exchange rate shifted by +0.0269 (+3.68%).

2020 Avg (December) 0.7570

2019 Avg (December) 0.7301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7341	0.7082	0.7271
February	0.7082	0.6827	0.6918
March	0.7449	0.6926	0.7188
April	0.7514	0.7338	0.7451
May	0.7486	0.7407	0.7448
June	0.7503	0.7411	0.7465
July	0.7503	0.7413	0.7452
August	0.7466	0.7429	0.7447
September	0.7492	0.7446	0.7466
October	0.7532	0.7474	0.7500
November	0.7561	0.7506	0.7526
December	0.7705	0.7535	0.7570