YEARLY HIGH
0.7160 GHS
YEARLY LOW
0.5383 GHS
YEARLY AVERAGE
0.6251 GHS

2020 SEK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.7160. Conversely, the yearly low was recorded on March 19, dropping to 0.5383.

This high-to-low spread represents a total annual volatility of 0.1776 GHS. From a start-to-finish perspective, comparing the January average rate of 0.5949 to the December average rate of 0.7025, the exchange rate registered a net change of 18.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7160 was down 52.48% compared to the 2019 peak of 1.5067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,580 GHS
2019 Average 2,849 GHS
Yearly Trough Low 2,692 GHS
Transaction Impact: A difference of 888.17 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7172
0.5409
JanuMarcMayJulySeptNove

SEK 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 0.5850, compared to 0.6652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0802 points.

H1 Avg (Jan–Jun) 0.5850
H2 Avg (Jul–Dec) 0.6652

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0470 GHS (High: 0.5853 / Low: 0.5383). On the other end, August was the most stable month, with a tight range of 0.0147 GHS (High: 0.6711 / Low: 0.6564).

March Spread (Volatile) ±0.0470
August Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0393 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7025) against the same month in 2019 (average: 0.6045), the exchange rate shifted by +0.0980 (+16.21%).

2020 Avg (December) 0.7025
2019 Avg (December) 0.6045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6090 0.5710 0.5949
February 0.5710 0.5425 0.5556
March 0.5853 0.5383 0.5678
April 0.5939 0.5661 0.5764
May 0.6134 0.5827 0.5941
June 0.6322 0.6115 0.6212
July 0.6647 0.6206 0.6389
August 0.6711 0.6564 0.6622
September 0.6652 0.6344 0.6542
October 0.6666 0.6482 0.6581
November 0.6884 0.6537 0.6755
December 0.7160 0.6903 0.7025