2024 GHS to ANG Historical Review

YEARLY HIGH

0.1514 ANG

YEARLY LOW

0.1099 ANG

YEARLY AVERAGE

0.1257 ANG

2024 GHS to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1514. Conversely, the yearly low was recorded on November 9, dropping to 0.1099.

This high-to-low spread represents a total annual volatility of 0.0416 ANG. From a start-to-finish perspective, comparing the January average rate of 0.1496 to the December average rate of 0.1219, the exchange rate registered a net change of -18.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1514 was down 29.88% compared to the 2023 peak of 0.2159, 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 757 ANG

2023 Average 773 ANG

Yearly Trough Low 549 ANG

Transaction Impact: A difference of 207.77 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1533

0.1087

JanuMarcMayJulySeptNove

GHS to ANG 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 0.1357, compared to 0.1157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 0.1357

H2 Avg (Jul–Dec) 0.1157

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0098 ANG (High: 0.1315 / Low: 0.1217). On the other end, August was the most stable month, with a tight range of 0.0010 ANG (High: 0.1160 / Low: 0.1150).

May Spread (Volatile) ±0.0098

August Spread (Stable) ±0.0010

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 0.0071 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1496) against the same month in 2023 (average: 0.1589), the exchange rate shifted by -0.0093 (-5.87%).

2024 Avg (January) 0.1496

2023 Avg (January) 0.1589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1514	0.1458	0.1496
February	0.1464	0.1425	0.1447
March	0.1423	0.1360	0.1393
April	0.1360	0.1320	0.1340
May	0.1315	0.1217	0.1269
June	0.1222	0.1181	0.1198
July	0.1178	0.1159	0.1168
August	0.1160	0.1150	0.1154
September	0.1152	0.1141	0.1148
October	0.1139	0.1106	0.1126
November	0.1174	0.1099	0.1124
December	0.1230	0.1171	0.1219