2024 CRC to GHS Historical Review

YEARLY HIGH

0.0321 GHS

YEARLY LOW

0.0229 GHS

YEARLY AVERAGE

0.0281 GHS

2024 CRC to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 0.0321. Conversely, the yearly low was recorded on January 6, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0092 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0233 to the December average rate of 0.0292, the exchange rate registered a net change of 25.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0321 was up 38.86% compared to the 2023 peak of 0.0231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161 GHS

2023 Average 108 GHS

Yearly Trough Low 115 GHS

Transaction Impact: A difference of 45.91 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0322

0.0225

JanuMarcMayJulySeptNove

CRC 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 0.0260, compared to 0.0302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0260

H2 Avg (Jul–Dec) 0.0302

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0019 GHS (High: 0.0321 / Low: 0.0302). On the other end, September was the most stable month, with a tight range of 0.0007 GHS (High: 0.0305 / Low: 0.0298).

November Spread (Volatile) ±0.0019

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0022 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0314) against the same month in 2023 (average: 0.0225), the exchange rate shifted by +0.0089 (+39.53%).

2024 Avg (November) 0.0314

2023 Avg (November) 0.0225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0242	0.0229	0.0233
February	0.0247	0.0239	0.0242
March	0.0263	0.0247	0.0254
April	0.0271	0.0263	0.0267
May	0.0285	0.0268	0.0277
June	0.0292	0.0281	0.0286
July	0.0295	0.0288	0.0293
August	0.0302	0.0294	0.0297
September	0.0305	0.0298	0.0302
October	0.0318	0.0305	0.0310
November	0.0321	0.0302	0.0314
December	0.0303	0.0289	0.0292