YEARLY HIGH
0.7479 GHS
YEARLY LOW
0.6628 GHS
YEARLY AVERAGE
0.7177 GHS

2020 MOP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MOP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.7479. Conversely, the yearly low was recorded on February 23, dropping to 0.6628.

This high-to-low spread represents a total annual volatility of 0.0851 GHS. From a start-to-finish perspective, comparing the January average rate of 0.7059 to the December average rate of 0.7349, 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 0.7479 was down 58.38% compared to the 2019 peak of 1.7967, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,739 GHS
2019 Average 3,339 GHS
Yearly Trough Low 3,314 GHS
Transaction Impact: A difference of 425.29 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7412
0.6654
JanuMarcMayJulySeptNove

MOP 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 0.7080, compared to 0.7275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.7080
H2 Avg (Jul–Dec) 0.7275

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0504 GHS (High: 0.7230 / Low: 0.6727). On the other end, August was the most stable month, with a tight range of 0.0035 GHS (High: 0.7247 / Low: 0.7212).

March Spread (Volatile) ±0.0504
August Spread (Stable) ±0.0035

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 0.0342 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7349) against the same month in 2019 (average: 0.7090), the exchange rate shifted by +0.0258 (+3.65%).

2020 Avg (December) 0.7349
2019 Avg (December) 0.7090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7131 0.6875 0.7059
February 0.6875 0.6628 0.6717
March 0.7230 0.6727 0.6982
April 0.7299 0.7150 0.7236
May 0.7284 0.7201 0.7235
June 0.7282 0.7198 0.7248
July 0.7285 0.7202 0.7236
August 0.7247 0.7212 0.7229
September 0.7271 0.7228 0.7249
October 0.7314 0.7256 0.7282
November 0.7340 0.7287 0.7306
December 0.7479 0.7315 0.7349