2020 MXN to GHS Historical Review

YEARLY HIGH

0.3053 GHS

YEARLY LOW

0.2218 GHS

YEARLY AVERAGE

0.2685 GHS

2020 MXN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.3053. Conversely, the yearly low was recorded on March 23, dropping to 0.2218.

This high-to-low spread represents a total annual volatility of 0.0835 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3006 to the December average rate of 0.2942, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3053 was down 59.76% compared to the 2019 peak of 0.7587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 15,263 GHS

2019 Average 13,998 GHS

Yearly Trough Low 11,088 GHS

Transaction Impact: A difference of 4,175.86 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3068

0.2324

JanuMarcMayJulySeptNove

MXN 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 0.2636, compared to 0.2733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.2636

H2 Avg (Jul–Dec) 0.2733

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0575 GHS (High: 0.2793 / Low: 0.2218). On the other end, July was the most stable month, with a tight range of 0.0098 GHS (High: 0.2634 / Low: 0.2536).

March Spread (Volatile) ±0.0575

July Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0343 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.3006) against the same month in 2019 (average: 0.2556), the exchange rate shifted by +0.0450 (+17.61%).

2020 Avg (January) 0.3006

2019 Avg (January) 0.2556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3053	0.2919	0.3006
February	0.2919	0.2752	0.2855
March	0.2793	0.2218	0.2512
April	0.2492	0.2283	0.2386
May	0.2607	0.2326	0.2465
June	0.2690	0.2509	0.2591
July	0.2634	0.2536	0.2579
August	0.2660	0.2548	0.2606
September	0.2768	0.2585	0.2676
October	0.2790	0.2651	0.2737
November	0.2925	0.2725	0.2862
December	0.3002	0.2901	0.2942