YEARLY HIGH
2.3963 GHS
YEARLY LOW
0.8370 GHS
YEARLY AVERAGE
0.9490 GHS

2019 TRY to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 2.3963. Conversely, the yearly low was recorded on May 7, dropping to 0.8370.

This high-to-low spread represents a total annual volatility of 1.5592 GHS. From a start-to-finish perspective, comparing the January average rate of 0.9146 to the December average rate of 0.9729, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3963 was up 96.60% compared to the 2018 peak of 1.2189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 119,813 GHS
2018 Average 49,613 GHS
Yearly Trough Low 41,852 GHS
Transaction Impact: A difference of 77,960.63 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.0075
0.8874
JanuMarcMayJulySeptNove

TRY 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 0.9395, compared to 0.9585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.9395
H2 Avg (Jul–Dec) 0.9585

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 1.5592 GHS (High: 2.3963 / Low: 0.8370). On the other end, November was the most stable month, with a tight range of 0.0217 GHS (High: 0.9784 / Low: 0.9567).

May Spread (Volatile) ±1.5592
November Spread (Stable) ±0.0217

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0921 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0921

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.9105) against the same month in 2018 (average: 1.0332), the exchange rate shifted by -0.1227 (-11.87%).

2019 Avg (May) 0.9105
2018 Avg (May) 1.0332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9602 0.8845 0.9146
February 1.0333 0.9524 0.9975
March 1.0343 0.8838 0.9895
April 0.9823 0.8594 0.8974
May 2.3963 0.8370 0.9105
June 0.9472 0.9135 0.9278
July 0.9704 0.9373 0.9505
August 0.9854 0.9188 0.9606
September 0.9707 0.9372 0.9602
October 0.9658 0.9161 0.9413
November 0.9784 0.9567 0.9658
December 0.9899 0.9571 0.9729