2024 GHS to AED Historical Review

YEARLY HIGH

0.3086 AED

YEARLY LOW

0.2229 AED

YEARLY AVERAGE

0.2562 AED

2024 GHS to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.3086. Conversely, the yearly low was recorded on November 10, dropping to 0.2229.

This high-to-low spread represents a total annual volatility of 0.0857 AED. From a start-to-finish perspective, comparing the January average rate of 0.3050 to the December average rate of 0.2485, the exchange rate registered a net change of -18.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3086 was down 29.86% compared to the 2023 peak of 0.4400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,543 AED

2023 Average 1,575 AED

Yearly Trough Low 1,115 AED

Transaction Impact: A difference of 428.30 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3125

0.2215

JanuMarcMayJulySeptNove

GHS to AED 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 0.2766, compared to 0.2357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0409 points.

H1 Avg (Jan–Jun) 0.2766

H2 Avg (Jul–Dec) 0.2357

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0203 AED (High: 0.2685 / Low: 0.2482). On the other end, September was the most stable month, with a tight range of 0.0026 AED (High: 0.2352 / Low: 0.2326).

May Spread (Volatile) ±0.0203

September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0146 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3050) against the same month in 2023 (average: 0.3239), the exchange rate shifted by -0.0190 (-5.86%).

2024 Avg (January) 0.3050

2023 Avg (January) 0.3239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3086	0.2974	0.3050
February	0.2972	0.2903	0.2948
March	0.2902	0.2772	0.2839
April	0.2772	0.2688	0.2732
May	0.2685	0.2482	0.2587
June	0.2492	0.2407	0.2442
July	0.2401	0.2363	0.2381
August	0.2379	0.2338	0.2354
September	0.2352	0.2326	0.2339
October	0.2322	0.2252	0.2294
November	0.2397	0.2229	0.2291
December	0.2509	0.2392	0.2485