YEARLY HIGH
0.0169 GHS
YEARLY LOW
0.0142 GHS
YEARLY AVERAGE
0.0158 GHS

2024 ARS to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 0.0169. Conversely, the yearly low was recorded on December 30, dropping to 0.0142.

This high-to-low spread represents a total annual volatility of 0.0026 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0145, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0169 was down 75.14% compared to the 2023 peak of 0.0678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84 GHS
2023 Average 223 GHS
Yearly Trough Low 71 GHS
Transaction Impact: A difference of 13.08 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0170
0.0143
JanuMarcMayJulySeptNove

ARS 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 0.0155, compared to 0.0161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0155
H2 Avg (Jul–Dec) 0.0161

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0014 GHS (High: 0.0166 / Low: 0.0152). On the other end, September was the most stable month, with a tight range of 0.0002 GHS (High: 0.0164 / Low: 0.0163).

November Spread (Volatile) ±0.0014
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and July, 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 November and December, when the average rate fell by 0.0016 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0167) against the same month in 2023 (average: 0.0430), the exchange rate shifted by -0.0262 (-61.04%).

2024 Avg (July) 0.0167
2023 Avg (July) 0.0430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0150 0.0146 0.0147
February 0.0150 0.0148 0.0149
March 0.0155 0.0150 0.0152
April 0.0156 0.0154 0.0155
May 0.0166 0.0156 0.0160
June 0.0168 0.0165 0.0166
July 0.0169 0.0166 0.0167
August 0.0167 0.0165 0.0166
September 0.0164 0.0163 0.0164
October 0.0165 0.0163 0.0164
November 0.0166 0.0152 0.0161
December 0.0152 0.0142 0.0145