2024 BRL to GHS Historical Review

YEARLY HIGH

2.9159 GHS

YEARLY LOW

2.1794 GHS

YEARLY AVERAGE

2.6827 GHS

2024 BRL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 2.9159. Conversely, the yearly low was recorded on December 25, dropping to 2.1794.

This high-to-low spread represents a total annual volatility of 0.7364 GHS. From a start-to-finish perspective, comparing the January average rate of 2.4539 to the December average rate of 2.4159, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9159 was up 16.16% compared to the 2023 peak of 2.5103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 72,897 GHS

2023 Average 58,532 GHS

Yearly Trough Low 54,486 GHS

Transaction Impact: A difference of 18,411.03 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8920

2.3726

JanuMarcMayJulySeptNove

BRL 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 2.6226, compared to 2.7429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1203 points.

H1 Avg (Jan–Jun) 2.6226

H2 Avg (Jul–Dec) 2.7429

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.3912 GHS (High: 2.5707 / Low: 2.1794). On the other end, February was the most stable month, with a tight range of 0.0680 GHS (High: 2.5452 / Low: 2.4772).

December Spread (Volatile) ±0.3912

February Spread (Stable) ±0.0680

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3477 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2.8488) against the same month in 2023 (average: 2.3235), the exchange rate shifted by +0.5253 (+22.61%).

2024 Avg (October) 2.8488

2023 Avg (October) 2.3235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5106	2.4144	2.4539
February	2.5452	2.4772	2.5099
March	2.6447	2.5548	2.5956
April	2.6759	2.5410	2.6224
May	2.8410	2.6366	2.7656
June	2.8302	2.7239	2.7881
July	2.8477	2.7038	2.7851
August	2.8930	2.6952	2.8093
September	2.9022	2.7653	2.8349
October	2.9159	2.8066	2.8488
November	2.8819	2.5647	2.7635
December	2.5707	2.1794	2.4159