2021 GHS to AFN Historical Review

YEARLY HIGH

19.1730 AFN

YEARLY LOW

13.1464 AFN

YEARLY AVERAGE

14.0623 AFN

2021 GHS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 19.1730. Conversely, the yearly low was recorded on January 9, dropping to 13.1464.

This high-to-low spread represents a total annual volatility of 6.0266 AFN. From a start-to-finish perspective, comparing the January average rate of 13.2098 to the December average rate of 16.5909, the exchange rate registered a net change of 25.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.1730 was up 32.30% compared to the 2020 peak of 14.4922, 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 95,865 AFN

2020 Average 67,038 AFN

Yearly Trough Low 65,732 AFN

Transaction Impact: A difference of 30,132.88 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.9290

12.8717

JanuMarcMayJulySeptNove

GHS to AFN 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 13.4179, compared to 14.7066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2887 points.

H1 Avg (Jan–Jun) 13.4179

H2 Avg (Jul–Dec) 14.7066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.5888 AFN (High: 19.1730 / Low: 15.5842). On the other end, June was the most stable month, with a tight range of 0.1470 AFN (High: 13.6130 / Low: 13.4660).

December Spread (Volatile) ±3.5888

June Spread (Stable) ±0.1470

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0589 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 16.5909) against the same month in 2020 (average: 13.1334), the exchange rate shifted by +3.4575 (+26.33%).

2021 Avg (December) 16.5909

2020 Avg (December) 13.1334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.4221	13.1464	13.2098
February	13.6180	13.2445	13.3435
March	13.5951	13.3612	13.4874
April	13.5726	13.3869	13.4508
May	13.6062	13.4043	13.4760
June	13.6130	13.4660	13.5400
July	13.8109	13.3031	13.4812
August	14.3511	13.3018	13.8126
September	14.6945	14.0209	14.3701
October	14.9959	14.7321	14.8401
November	15.6831	14.7885	15.1447
December	19.1730	15.5842	16.5909