YEARLY HIGH
0.9115 GHS
YEARLY LOW
0.8438 GHS
YEARLY AVERAGE
0.8723 GHS

2021 TTD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TTD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.9115. Conversely, the yearly low was recorded on March 8, dropping to 0.8438.

This high-to-low spread represents a total annual volatility of 0.0677 GHS. From a start-to-finish perspective, comparing the January average rate of 0.8615 to the December average rate of 0.9041, the exchange rate registered a net change of 4.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9115 was up 3.80% compared to the 2020 peak of 0.8782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,558 GHS
2020 Average 4,237 GHS
Yearly Trough Low 4,219 GHS
Transaction Impact: A difference of 338.48 GHS purely based on transaction execution date.

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0.9100
0.8399
JanuMarcMayJulySeptNove

TTD 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 0.8532, compared to 0.8915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0383 points.

H1 Avg (Jan–Jun) 0.8532
H2 Avg (Jul–Dec) 0.8915

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0196 GHS (High: 0.8813 / Low: 0.8617). On the other end, April was the most stable month, with a tight range of 0.0049 GHS (High: 0.8542 / Low: 0.8493).

July Spread (Volatile) Âą0.0196
April Spread (Stable) Âą0.0049

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0080 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.9041) against the same month in 2020 (average: 0.8640), the exchange rate shifted by +0.0401 (+4.64%).

2021 Avg (December) 0.9041
2020 Avg (December) 0.8640

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Month High Low Average
January 0.8681 0.8568 0.8615
February 0.8591 0.8468 0.8538
March 0.8519 0.8438 0.8458
April 0.8542 0.8493 0.8512
May 0.8538 0.8478 0.8501
June 0.8653 0.8522 0.8565
July 0.8813 0.8617 0.8742
August 0.8905 0.8773 0.8863
September 0.8926 0.8778 0.8881
October 0.8993 0.8906 0.8939
November 0.9069 0.8956 0.9021
December 0.9115 0.8952 0.9041