2020 NGN to GHS Historical Review

YEARLY HIGH

0.0158 GHS

YEARLY LOW

0.0146 GHS

YEARLY AVERAGE

0.0151 GHS

2020 NGN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0158. Conversely, the yearly low was recorded on February 18, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0012 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0156 to the December average rate of 0.0153, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0158 was down 60.75% compared to the 2019 peak of 0.0403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 15,814 GHS

2019 Average 14,975 GHS

Yearly Trough Low 14,603 GHS

Transaction Impact: A difference of 1,210.83 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0157

0.0147

JanuMarcMayJulySeptNove

NGN 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 0.0150, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0150

H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0011 GHS (High: 0.0158 / Low: 0.0148). On the other end, June was the most stable month, with a tight range of 0.0002 GHS (High: 0.0150 / Low: 0.0148).

March Spread (Volatile) ±0.0011

June Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0151) against the same month in 2019 (average: 0.0151), the exchange rate shifted by -0.0000 (-0.00%).

2020 Avg (March) 0.0151

2019 Avg (March) 0.0151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0158	0.0152	0.0156
February	0.0152	0.0146	0.0148
March	0.0158	0.0148	0.0151
April	0.0157	0.0148	0.0150
May	0.0150	0.0148	0.0148
June	0.0150	0.0148	0.0149
July	0.0150	0.0148	0.0149
August	0.0152	0.0149	0.0150
September	0.0152	0.0149	0.0151
October	0.0153	0.0150	0.0152
November	0.0154	0.0152	0.0153
December	0.0156	0.0149	0.0153