2020 KWD to GHS Historical Review

YEARLY HIGH

19.5545 GHS

YEARLY LOW

17.3555 GHS

YEARLY AVERAGE

18.6902 GHS

2020 KWD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 19.5545. Conversely, the yearly low was recorded on February 23, dropping to 17.3555.

This high-to-low spread represents a total annual volatility of 2.1990 GHS. From a start-to-finish perspective, comparing the January average rate of 18.6242 to the December average rate of 19.2483, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.5545 was down 59.04% compared to the 2019 peak of 47.7362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,772 GHS

2019 Average 88,660 GHS

Yearly Trough Low 86,777 GHS

Transaction Impact: A difference of 10,994.96 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.4100

17.4699

JanuMarcMayJulySeptNove

KWD 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 18.3913, compared to 18.9890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5977 points.

H1 Avg (Jan–Jun) 18.3913

H2 Avg (Jul–Dec) 18.9890

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.8083 GHS (High: 18.4487 / Low: 17.6404). On the other end, August was the most stable month, with a tight range of 0.1247 GHS (High: 18.9418 / Low: 18.8171).

March Spread (Volatile) ±0.8083

August Spread (Stable) ±0.1247

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9926 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.9926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 19.2483) against the same month in 2019 (average: 18.7691), the exchange rate shifted by +0.4792 (+2.55%).

2020 Avg (December) 19.2483

2019 Avg (December) 18.7691

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.8528	18.1002	18.6242
February	18.1002	17.3555	17.6316
March	18.4487	17.6404	18.0490
April	18.7573	18.2774	18.5584
May	18.7736	18.5934	18.6916
June	18.8898	18.6464	18.7931
July	18.9093	18.6841	18.8020
August	18.9418	18.8171	18.8796
September	18.9923	18.8660	18.9135
October	19.1112	18.9126	19.0012
November	19.1916	19.0249	19.0893
December	19.5545	19.1388	19.2483