YEARLY HIGH
6.1873 GHS
YEARLY LOW
5.7260 GHS
YEARLY AVERAGE
5.9230 GHS

2021 CUC to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CUC to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 6.1873. Conversely, the yearly low was recorded on March 14, dropping to 5.7260.

This high-to-low spread represents a total annual volatility of 0.4613 GHS. From a start-to-finish perspective, comparing the January average rate of 5.8534 to the December average rate of 6.1430, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.1873 was up 3.60% compared to the 2020 peak of 5.9724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30,936 GHS
2020 Average 28,673 GHS
Yearly Trough Low 28,630 GHS
Transaction Impact: A difference of 2,306.45 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.1829
5.7033
JanuMarcMayJulySeptNove

CUC 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 5.7923, compared to 6.0538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2615 points.

H1 Avg (Jan–Jun) 5.7923
H2 Avg (Jul–Dec) 6.0538

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.1271 GHS (High: 5.9821 / Low: 5.8550). On the other end, April was the most stable month, with a tight range of 0.0327 GHS (High: 5.7930 / Low: 5.7602).

July Spread (Volatile) ±0.1271
April Spread (Stable) ±0.0327

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 January and February, when the average rate fell by 0.0585 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.1430) against the same month in 2020 (average: 5.8683), the exchange rate shifted by +0.2747 (+4.68%).

2021 Avg (December) 6.1430
2020 Avg (December) 5.8683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.8991 5.8257 5.8534
February 5.8288 5.7484 5.7948
March 5.7816 5.7260 5.7433
April 5.7930 5.7602 5.7775
May 5.7960 5.7352 5.7730
June 5.8500 5.7800 5.8116
July 5.9821 5.8550 5.9339
August 6.0479 5.9488 6.0189
September 6.0606 5.9593 6.0329
October 6.1039 6.0450 6.0707
November 6.1500 6.0780 6.1232
December 6.1873 6.0806 6.1430