2020 MAD to GHS Historical Review

YEARLY HIGH

0.6634 GHS

YEARLY LOW

0.5465 GHS

YEARLY AVERAGE

0.6047 GHS

2020 MAD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.6634. Conversely, the yearly low was recorded on February 20, dropping to 0.5465.

This high-to-low spread represents a total annual volatility of 0.1169 GHS. From a start-to-finish perspective, comparing the January average rate of 0.5883 to the December average rate of 0.6534, the exchange rate registered a net change of 11.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6634 was down 55.83% compared to the 2019 peak of 1.5020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,317 GHS

2019 Average 2,802 GHS

Yearly Trough Low 2,733 GHS

Transaction Impact: A difference of 584.48 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6631

0.5462

JanuMarcMayJulySeptNove

MAD 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 0.5791, compared to 0.6302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 0.5791

H2 Avg (Jul–Dec) 0.6302

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0327 GHS (High: 0.6634 / Low: 0.6307). On the other end, May was the most stable month, with a tight range of 0.0080 GHS (High: 0.5912 / Low: 0.5832).

December Spread (Volatile) ±0.0327

May Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0324 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.6534) against the same month in 2019 (average: 0.5922), the exchange rate shifted by +0.0612 (+10.33%).

2020 Avg (December) 0.6534

2019 Avg (December) 0.5922

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5952	0.5731	0.5883
February	0.5731	0.5465	0.5559
March	0.5856	0.5624	0.5764
April	0.5868	0.5580	0.5700
May	0.5912	0.5832	0.5863
June	0.6010	0.5875	0.5977
July	0.6186	0.5964	0.6049
August	0.6316	0.6169	0.6252
September	0.6331	0.6233	0.6274
October	0.6361	0.6263	0.6314
November	0.6452	0.6300	0.6389
December	0.6634	0.6307	0.6534