2024 DJF to GHS Historical Review

YEARLY HIGH

0.0923 GHS

YEARLY LOW

0.0670 GHS

YEARLY AVERAGE

0.0814 GHS

2024 DJF to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.0923. Conversely, the yearly low was recorded on January 4, dropping to 0.0670.

This high-to-low spread represents a total annual volatility of 0.0254 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0677 to the December average rate of 0.0831, the exchange rate registered a net change of 22.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0923 was up 27.27% compared to the 2023 peak of 0.0725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 462 GHS

2023 Average 329 GHS

Yearly Trough Low 335 GHS

Transaction Impact: A difference of 126.78 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0924

0.0655

JanuMarcMayJulySeptNove

DJF 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 0.0751, compared to 0.0877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.0751

H2 Avg (Jul–Dec) 0.0877

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0066 GHS (High: 0.0836 / Low: 0.0770). On the other end, September was the most stable month, with a tight range of 0.0008 GHS (High: 0.0887 / Low: 0.0879).

May Spread (Volatile) ±0.0066

September Spread (Stable) ±0.0008

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 0.0071 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0902) against the same month in 2023 (average: 0.0672), the exchange rate shifted by +0.0229 (+34.13%).

2024 Avg (November) 0.0902

2023 Avg (November) 0.0672

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0694	0.0670	0.0677
February	0.0712	0.0695	0.0700
March	0.0745	0.0713	0.0728
April	0.0769	0.0746	0.0756
May	0.0836	0.0770	0.0800
June	0.0858	0.0828	0.0846
July	0.0875	0.0862	0.0868
August	0.0886	0.0874	0.0878
September	0.0887	0.0879	0.0883
October	0.0917	0.0888	0.0900
November	0.0923	0.0862	0.0902
December	0.0864	0.0824	0.0831