YEARLY HIGH
0.1950 GHS
YEARLY LOW
0.1423 GHS
YEARLY AVERAGE
0.1730 GHS

2024 BTN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.1950. Conversely, the yearly low was recorded on January 2, dropping to 0.1423.

This high-to-low spread represents a total annual volatility of 0.0527 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1450 to the December average rate of 0.1740, the exchange rate registered a net change of 20.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1950 was up 25.02% compared to the 2023 peak of 0.1559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 975 GHS
2023 Average 708 GHS
Yearly Trough Low 711 GHS
Transaction Impact: A difference of 263.31 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1950
0.1404
JanuMarcMayJulySeptNove

BTN 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 0.1605, compared to 0.1855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 0.1605
H2 Avg (Jul–Dec) 0.1855

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0141 GHS (High: 0.1774 / Low: 0.1633). On the other end, August was the most stable month, with a tight range of 0.0018 GHS (High: 0.1869 / Low: 0.1851).

May Spread (Volatile) ±0.0141
August Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and October, 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 November and December, when the average rate fell by 0.0161 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1902) against the same month in 2023 (average: 0.1436), the exchange rate shifted by +0.0466 (+32.47%).

2024 Avg (November) 0.1902
2023 Avg (November) 0.1436

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1489 0.1423 0.1450
February 0.1526 0.1487 0.1502
March 0.1590 0.1528 0.1559
April 0.1636 0.1590 0.1613
May 0.1774 0.1633 0.1705
June 0.1830 0.1767 0.1802
July 0.1859 0.1833 0.1846
August 0.1869 0.1851 0.1861
September 0.1888 0.1863 0.1874
October 0.1938 0.1884 0.1905
November 0.1950 0.1815 0.1902
December 0.1819 0.1717 0.1740