2020 OMR to GHS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 OMR to GHS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the OMR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 15.5116. Conversely, the yearly low was recorded on February 23, dropping to 13.8188.
This high-to-low spread represents a total annual volatility of 1.6929 GHS. From a start-to-finish perspective, comparing the January average rate of 14.6810 to the December average rate of 15.2433, the exchange rate registered a net change of 3.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 15.5116 was down 58.88% compared to the 2019 peak of 37.7202, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
OMR to GHS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.6968, compared to 15.0873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3904 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.9795 GHS (High: 14.9985 / Low: 14.0190). On the other end, August was the most stable month, with a tight range of 0.0765 GHS (High: 15.0320 / Low: 14.9556).
Growth Streaks & Declines
TrendsBetween February and June, 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 0.7093 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 15.2433) against the same month in 2019 (average: 14.7998), the exchange rate shifted by +0.4436 (+3.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.8376 | 14.2860 | 14.6810 |
| February | 14.2860 | 13.8188 | 13.9716 |
| March | 14.9985 | 14.0190 | 14.4981 |
| April | 15.1293 | 14.7641 | 14.9980 |
| May | 15.0730 | 14.9394 | 15.0034 |
| June | 15.1054 | 14.9229 | 15.0288 |
| July | 15.1028 | 14.9257 | 15.0042 |
| August | 15.0320 | 14.9556 | 14.9918 |
| September | 15.0825 | 14.9885 | 15.0302 |
| October | 15.1678 | 15.0475 | 15.0990 |
| November | 15.2232 | 15.1179 | 15.1551 |
| December | 15.5116 | 15.1714 | 15.2433 |