2024 ETB to GHS Historical Review

YEARLY HIGH

0.2692 GHS

YEARLY LOW

0.1149 GHS

YEARLY AVERAGE

0.1952 GHS

2024 ETB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.2692. Conversely, the yearly low was recorded on December 31, dropping to 0.1149.

This high-to-low spread represents a total annual volatility of 0.1542 GHS. From a start-to-finish perspective, comparing the January average rate of 0.2135 to the December average rate of 0.1167, the exchange rate registered a net change of -45.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2692 was up 12.19% compared to the 2023 peak of 0.2399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,346 GHS

2023 Average 1,068 GHS

Yearly Trough Low 575 GHS

Transaction Impact: A difference of 771.22 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2803

0.1019

JanuMarcMayJulySeptNove

ETB 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 0.2345, compared to 0.1559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0786 points.

H1 Avg (Jan–Jun) 0.2345

H2 Avg (Jul–Dec) 0.1559

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0630 GHS (High: 0.2692 / Low: 0.2061). On the other end, October was the most stable month, with a tight range of 0.0046 GHS (High: 0.1357 / Low: 0.1311).

July Spread (Volatile) ±0.0630

October Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1119 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.2654) against the same month in 2023 (average: 0.2081), the exchange rate shifted by +0.0574 (+27.56%).

2024 Avg (July) 0.2654

2023 Avg (July) 0.2081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2195	0.2108	0.2135
February	0.2230	0.2183	0.2201
March	0.2332	0.2229	0.2280
April	0.2382	0.2330	0.2362
May	0.2581	0.2390	0.2478
June	0.2644	0.2566	0.2616
July	0.2692	0.2061	0.2654
August	0.1973	0.1385	0.1535
September	0.1419	0.1312	0.1361
October	0.1357	0.1311	0.1330
November	0.1360	0.1215	0.1309
December	0.1221	0.1149	0.1167