2020 HRK to GHS Historical Review

YEARLY HIGH

0.9611 GHS

YEARLY LOW

0.7708 GHS

YEARLY AVERAGE

0.8686 GHS

2020 HRK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HRK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.9611. Conversely, the yearly low was recorded on February 20, dropping to 0.7708.

This high-to-low spread represents a total annual volatility of 0.1903 GHS. From a start-to-finish perspective, comparing the January average rate of 0.8432 to the December average rate of 0.9472, the exchange rate registered a net change of 12.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9611 was down 55.95% compared to the 2019 peak of 2.1818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,805 GHS

2019 Average 4,065 GHS

Yearly Trough Low 3,854 GHS

Transaction Impact: A difference of 951.39 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9632

0.7719

JanuMarcMayJulySeptNove

HRK 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 0.8276, compared to 0.9095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0819 points.

H1 Avg (Jan–Jun) 0.8276

H2 Avg (Jul–Dec) 0.9095

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0571 GHS (High: 0.8425 / Low: 0.7853). On the other end, August was the most stable month, with a tight range of 0.0151 GHS (High: 0.9194 / Low: 0.9043).

March Spread (Volatile) ±0.0571

August Spread (Stable) ±0.0151

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0553 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0553

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.9472) against the same month in 2019 (average: 0.8508), the exchange rate shifted by +0.0965 (+11.34%).

2020 Avg (December) 0.9472

2019 Avg (December) 0.8508

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8563	0.8197	0.8432
February	0.8197	0.7708	0.7879
March	0.8425	0.7853	0.8155
April	0.8404	0.8175	0.8267
May	0.8460	0.8238	0.8320
June	0.8720	0.8421	0.8603
July	0.9153	0.8599	0.8792
August	0.9194	0.9043	0.9096
September	0.9145	0.8924	0.9043
October	0.9115	0.8962	0.9031
November	0.9263	0.8954	0.9139
December	0.9611	0.9367	0.9472