YEARLY HIGH
1.7590 GHS
YEARLY LOW
1.6141 GHS
YEARLY AVERAGE
1.6786 GHS

2021 PGK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 1.7590. Conversely, the yearly low was recorded on March 9, dropping to 1.6141.

This high-to-low spread represents a total annual volatility of 0.1449 GHS. From a start-to-finish perspective, comparing the January average rate of 1.6569 to the December average rate of 1.7403, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7590 was up 3.44% compared to the 2020 peak of 1.7005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,795 GHS
2020 Average 8,267 GHS
Yearly Trough Low 8,070 GHS
Transaction Impact: A difference of 724.50 GHS purely based on transaction execution date.

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1.7517
1.6148
JanuMarcMayJulySeptNove

PGK 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 1.6397, compared to 1.7175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0778 points.

H1 Avg (Jan–Jun) 1.6397
H2 Avg (Jul–Dec) 1.7175

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0635 GHS (High: 1.7082 / Low: 1.6447). On the other end, April was the most stable month, with a tight range of 0.0150 GHS (High: 1.6389 / Low: 1.6239).

July Spread (Volatile) Âą0.0635
April Spread (Stable) Âą0.0150

Growth Streaks & Declines

Trends

Between March and December, 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 January and February, when the average rate fell by 0.0188 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.7403) against the same month in 2020 (average: 1.6689), the exchange rate shifted by +0.0715 (+4.28%).

2021 Avg (December) 1.7403
2020 Avg (December) 1.6689

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Month High Low Average
January 1.6671 1.6394 1.6569
February 1.6567 1.6169 1.6380
March 1.6421 1.6141 1.6262
April 1.6389 1.6239 1.6326
May 1.6490 1.6254 1.6357
June 1.6674 1.6322 1.6488
July 1.7082 1.6447 1.6891
August 1.7227 1.6858 1.7042
September 1.7256 1.6760 1.7125
October 1.7347 1.7062 1.7214
November 1.7457 1.7259 1.7374
December 1.7590 1.7177 1.7403