YEARLY HIGH
0.0822 GHS
YEARLY LOW
0.0599 GHS
YEARLY AVERAGE
0.0668 GHS

2021 HTG to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HTG to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0822. Conversely, the yearly low was recorded on September 9, dropping to 0.0599.

This high-to-low spread represents a total annual volatility of 0.0223 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0802 to the December average rate of 0.0610, the exchange rate registered a net change of -23.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0822 was down 11.83% compared to the 2020 peak of 0.0933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 411 GHS
2020 Average 318 GHS
Yearly Trough Low 300 GHS
Transaction Impact: A difference of 111.49 GHS purely based on transaction execution date.

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0.0822
0.0591
JanuMarcMayJulySeptNove

HTG 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 0.0719, compared to 0.0617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.0719
H2 Avg (Jul–Dec) 0.0617

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0054 GHS (High: 0.0810 / Low: 0.0756). On the other end, November was the most stable month, with a tight range of 0.0009 GHS (High: 0.0625 / Low: 0.0616).

February Spread (Volatile) Âą0.0054
November Spread (Stable) Âą0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0051 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0802) against the same month in 2020 (average: 0.0576), the exchange rate shifted by +0.0227 (+39.41%).

2021 Avg (January) 0.0802
2020 Avg (January) 0.0576

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Month High Low Average
January 0.0822 0.0788 0.0802
February 0.0810 0.0756 0.0786
March 0.0760 0.0717 0.0735
April 0.0727 0.0674 0.0703
May 0.0675 0.0632 0.0655
June 0.0648 0.0620 0.0631
July 0.0649 0.0618 0.0628
August 0.0642 0.0604 0.0619
September 0.0628 0.0599 0.0615
October 0.0621 0.0600 0.0611
November 0.0625 0.0616 0.0620
December 0.0625 0.0601 0.0610