YEARLY HIGH
30.3467 LRD
YEARLY LOW
22.9423 LRD
YEARLY AVERAGE
28.1230 LRD

2021 GHS to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 30.3467. Conversely, the yearly low was recorded on December 9, dropping to 22.9423.

This high-to-low spread represents a total annual volatility of 7.4044 LRD. From a start-to-finish perspective, comparing the January average rate of 28.7508 to the December average rate of 23.2119, the exchange rate registered a net change of -19.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.3467 was down 18.07% compared to the 2020 peak of 37.0406, 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 151,733 LRD
2020 Average 167,341 LRD
Yearly Trough Low 114,712 LRD
Transaction Impact: A difference of 37,021.83 LRD purely based on transaction execution date.

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30.9239
22.5108
JanuMarcMayJulySeptNove

GHS to LRD 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 29.6485, compared to 26.5975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0510 points.

H1 Avg (Jan–Jun) 29.6485
H2 Avg (Jul–Dec) 26.5975

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 3.4635 LRD (High: 28.2832 / Low: 24.8197). On the other end, April was the most stable month, with a tight range of 0.2927 LRD (High: 30.0334 / Low: 29.7407).

October Spread (Volatile) Âą3.4635
April Spread (Stable) Âą0.2927

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.1955 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 30.2228) against the same month in 2020 (average: 35.4460), the exchange rate shifted by -5.2231 (-14.74%).

2021 Avg (March) 30.2228
2020 Avg (March) 35.4460

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Month High Low Average
January 29.3312 27.8406 28.7508
February 30.1695 29.3370 29.7815
March 30.3467 29.9223 30.2228
April 30.0334 29.7407 29.8796
May 29.9902 29.5991 29.7607
June 29.6388 29.3077 29.4953
July 29.2912 28.6940 28.9152
August 28.8504 28.3775 28.5264
September 28.8372 28.2638 28.4275
October 28.2832 24.8197 26.8496
November 24.6999 23.1311 23.6541
December 23.5976 22.9423 23.2119