YEARLY HIGH
0.0116 GHS
YEARLY LOW
0.0103 GHS
YEARLY AVERAGE
0.0112 GHS

2020 SYP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0116. Conversely, the yearly low was recorded on February 23, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0013 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0110 to the December average rate of 0.0114, the exchange rate registered a net change of 4.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0116 was down 58.71% compared to the 2019 peak of 0.0282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58 GHS
2019 Average 52 GHS
Yearly Trough Low 52 GHS
Transaction Impact: A difference of 6.58 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0115
0.0103
JanuMarcMayJulySeptNove

SYP 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 0.0110, compared to 0.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0110
H2 Avg (Jul–Dec) 0.0113

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0008 GHS (High: 0.0112 / Low: 0.0105). On the other end, August was the most stable month, with a tight range of 0.0001 GHS (High: 0.0113 / Low: 0.0112).

March Spread (Volatile) ±0.0008
August Spread (Stable) ±0.0001

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 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0114) against the same month in 2019 (average: 0.0111), the exchange rate shifted by +0.0004 (+3.42%).

2020 Avg (December) 0.0114
2019 Avg (December) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0111 0.0107 0.0110
February 0.0107 0.0103 0.0104
March 0.0112 0.0105 0.0108
April 0.0114 0.0111 0.0112
May 0.0113 0.0112 0.0113
June 0.0113 0.0112 0.0113
July 0.0113 0.0112 0.0113
August 0.0113 0.0112 0.0113
September 0.0113 0.0113 0.0113
October 0.0114 0.0113 0.0113
November 0.0114 0.0113 0.0114
December 0.0116 0.0114 0.0114