YEARLY HIGH
33.9501 AMD
YEARLY LOW
23.5866 AMD
YEARLY AVERAGE
27.4413 AMD

2024 GHS to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 33.9501. Conversely, the yearly low was recorded on November 8, dropping to 23.5866.

This high-to-low spread represents a total annual volatility of 10.3635 AMD. From a start-to-finish perspective, comparing the January average rate of 33.6021 to the December average rate of 26.8365, the exchange rate registered a net change of -20.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 33.9501 was down 28.02% compared to the 2023 peak of 47.1651, 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 169,751 AMD
2023 Average 168,247 AMD
Yearly Trough Low 117,933 AMD
Transaction Impact: A difference of 51,817.49 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.5440
23.2415
JanuMarcMayJulySeptNove

GHS to AMD 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 29.8933, compared to 24.9892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9041 points.

H1 Avg (Jan–Jun) 29.8933
H2 Avg (Jul–Dec) 24.9892

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.2121 AMD (High: 25.7987 / Low: 23.5866). On the other end, September was the most stable month, with a tight range of 0.2652 AMD (High: 24.7864 / Low: 24.5212).

November Spread (Volatile) ±2.2121
September Spread (Stable) ±0.2652

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.8601 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 33.6021) against the same month in 2023 (average: 34.8773), the exchange rate shifted by -1.2752 (-3.66%).

2024 Avg (January) 33.6021
2023 Avg (January) 34.8773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.9501 32.7554 33.6021
February 32.8703 32.0187 32.5777
March 31.8761 29.7521 30.9700
April 29.6949 28.4015 29.1099
May 28.3227 26.2256 27.3021
June 26.3263 25.4391 25.7979
July 25.3661 24.9660 25.1493
August 24.9675 24.5934 24.8373
September 24.7864 24.5212 24.6641
October 24.4682 23.7435 24.1833
November 25.7987 23.5866 24.2649
December 27.2011 25.7305 26.8365