2024 CHF to GHS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to GHS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 19.0172. Conversely, the yearly low was recorded on January 18, dropping to 13.8245.
This high-to-low spread represents a total annual volatility of 5.1927 GHS. From a start-to-finish perspective, comparing the January average rate of 14.0363 to the December average rate of 16.5762, the exchange rate registered a net change of 18.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 19.0172 was up 33.27% compared to the 2023 peak of 14.2695, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF to GHS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.0035, compared to 17.9034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8998 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.6234 GHS (High: 19.0172 / Low: 17.3937). On the other end, April was the most stable month, with a tight range of 0.3051 GHS (High: 14.9278 / Low: 14.6227).
Growth Streaks & Declines
TrendsBetween 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 1.6408 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 18.2170) against the same month in 2023 (average: 13.4032), the exchange rate shifted by +4.8138 (+35.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.3315 | 13.8245 | 14.0363 |
| February | 14.4292 | 14.0162 | 14.2101 |
| March | 14.6982 | 14.3153 | 14.5549 |
| April | 14.9278 | 14.6227 | 14.7693 |
| May | 16.3948 | 14.9509 | 15.6295 |
| June | 17.0783 | 16.3274 | 16.8211 |
| July | 17.7022 | 16.9378 | 17.3013 |
| August | 18.5959 | 17.8081 | 18.1957 |
| September | 18.7465 | 18.3686 | 18.5385 |
| October | 18.8207 | 18.4371 | 18.5915 |
| November | 19.0172 | 17.3937 | 18.2170 |
| December | 17.4090 | 16.1954 | 16.5762 |