YEARLY HIGH
0.1237 GHS
YEARLY LOW
0.1164 GHS
YEARLY AVERAGE
0.1202 GHS

2021 PHP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.1237. Conversely, the yearly low was recorded on July 19, dropping to 0.1164.

This high-to-low spread represents a total annual volatility of 0.0073 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1218 to the December average rate of 0.1221, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1237 was down 0.17% compared to the 2020 peak of 0.1239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 30,929 GHS
2020 Average 28,925 GHS
Yearly Trough Low 29,094 GHS
Transaction Impact: A difference of 1,834.95 GHS purely based on transaction execution date.

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0.1225
0.1180
JanuMarcMayJulySeptNove

PHP 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 0.1201, compared to 0.1204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1201
H2 Avg (Jul–Dec) 0.1204

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0058 GHS (High: 0.1237 / Low: 0.1180). On the other end, April was the most stable month, with a tight range of 0.0013 GHS (High: 0.1199 / Low: 0.1187).

August Spread (Volatile) Âą0.0058
April Spread (Stable) Âą0.0013

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.1199) against the same month in 2020 (average: 0.1183), the exchange rate shifted by +0.0016 (+1.33%).

2021 Avg (August) 0.1199
2020 Avg (August) 0.1183

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Month High Low Average
January 0.1232 0.1212 0.1218
February 0.1216 0.1175 0.1200
March 0.1193 0.1177 0.1183
April 0.1199 0.1187 0.1193
May 0.1215 0.1199 0.1206
June 0.1220 0.1194 0.1206
July 0.1198 0.1164 0.1186
August 0.1237 0.1180 0.1199
September 0.1215 0.1179 0.1202
October 0.1211 0.1190 0.1197
November 0.1228 0.1203 0.1216
December 0.1236 0.1203 0.1221