2020 TND to GHS Historical Review

YEARLY HIGH

2.2087 GHS

YEARLY LOW

1.8594 GHS

YEARLY AVERAGE

2.0450 GHS

2020 TND to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 2.2087. Conversely, the yearly low was recorded on February 17, dropping to 1.8594.

This high-to-low spread represents a total annual volatility of 0.3494 GHS. From a start-to-finish perspective, comparing the January average rate of 2.0097 to the December average rate of 2.1724, the exchange rate registered a net change of 8.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.2087 was down 54.45% compared to the 2019 peak of 4.8487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,044 GHS

2019 Average 9,222 GHS

Yearly Trough Low 9,297 GHS

Transaction Impact: A difference of 1,746.82 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2005

1.8642

JanuMarcMayJulySeptNove

TND 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 1.9785, compared to 2.1115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1330 points.

H1 Avg (Jan–Jun) 1.9785

H2 Avg (Jul–Dec) 2.1115

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1217 GHS (High: 2.0172 / Low: 1.8956). On the other end, October was the most stable month, with a tight range of 0.0281 GHS (High: 2.1236 / Low: 2.0955).

March Spread (Volatile) ±0.1217

October Spread (Stable) ±0.0281

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 0.1175 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.1724) against the same month in 2019 (average: 2.0080), the exchange rate shifted by +0.1645 (+8.19%).

2020 Avg (December) 2.1724

2019 Avg (December) 2.0080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0496	1.9504	2.0097
February	1.9504	1.8594	1.8922
March	2.0172	1.8956	1.9522
April	2.0154	1.9620	1.9929
May	2.0127	1.9742	1.9936
June	2.0531	2.0060	2.0305
July	2.1033	2.0223	2.0515
August	2.1294	2.0622	2.1096
September	2.1182	2.0829	2.1027
October	2.1236	2.0955	2.1091
November	2.1438	2.0996	2.1240
December	2.2087	2.1490	2.1724