YEARLY HIGH
16.6877 HTG
YEARLY LOW
12.1622 HTG
YEARLY AVERAGE
15.1164 HTG

2021 GHS to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 16.6877. Conversely, the yearly low was recorded on January 12, dropping to 12.1622.

This high-to-low spread represents a total annual volatility of 4.5255 HTG. From a start-to-finish perspective, comparing the January average rate of 12.4634 to the December average rate of 16.3821, the exchange rate registered a net change of 31.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.6877 was down 14.66% compared to the 2020 peak of 19.5545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,438 HTG
2020 Average 82,133 HTG
Yearly Trough Low 60,811 HTG
Transaction Impact: A difference of 22,627.37 HTG purely based on transaction execution date.

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16.7739
12.0716
JanuMarcMayJulySeptNove

GHS to HTG 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 14.0275, compared to 16.2052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1777 points.

H1 Avg (Jan–Jun) 14.0275
H2 Avg (Jul–Dec) 16.2052

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.0912 HTG (High: 14.8407 / Low: 13.7495). On the other end, November was the most stable month, with a tight range of 0.2352 HTG (High: 16.2383 / Low: 16.0031).

April Spread (Volatile) Âą1.0912
November Spread (Stable) Âą0.2352

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2381 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.2381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 16.2736) against the same month in 2020 (average: 18.6763), the exchange rate shifted by -2.4027 (-12.87%).

2021 Avg (September) 16.2736
2020 Avg (September) 18.6763

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Month High Low Average
January 12.6959 12.1622 12.4634
February 13.2227 12.3413 12.7290
March 13.9454 13.1546 13.6168
April 14.8407 13.7495 14.2221
May 15.8140 14.8078 15.2829
June 16.1338 15.4328 15.8507
July 16.1890 15.4008 15.9146
August 16.5546 15.5739 16.1589
September 16.6877 15.9277 16.2736
October 16.6666 16.1002 16.3701
November 16.2383 16.0031 16.1320
December 16.6377 15.9978 16.3821