2021 GHS to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GHS to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GHS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 16.7429. Conversely, the yearly low was recorded on January 3, dropping to 14.2928.
This high-to-low spread represents a total annual volatility of 2.4501 ARS. From a start-to-finish perspective, comparing the January average rate of 14.6760 to the December average rate of 16.5794, the exchange rate registered a net change of 12.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 16.7429 was up 16.80% compared to the 2020 peak of 14.3340, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
GHS to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.7565, compared to 16.3219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5654 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 0.6712 ARS (High: 14.9640 / Low: 14.2928). On the other end, October was the most stable month, with a tight range of 0.0808 ARS (High: 16.3705 / Low: 16.2897).
Growth Streaks & Declines
TrendsBetween January and June, 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 0.1726 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 16.5794) against the same month in 2020 (average: 14.0702), the exchange rate shifted by +2.5092 (+17.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.9640 | 14.2928 | 14.6760 |
| February | 15.6312 | 15.0308 | 15.3061 |
| March | 15.9771 | 15.6997 | 15.8496 |
| April | 16.1928 | 15.8368 | 16.0371 |
| May | 16.3623 | 16.1592 | 16.2882 |
| June | 16.4708 | 16.3150 | 16.3818 |
| July | 16.3612 | 16.1348 | 16.2091 |
| August | 16.3068 | 16.0850 | 16.1429 |
| September | 16.4437 | 16.1511 | 16.2803 |
| October | 16.3705 | 16.2897 | 16.3354 |
| November | 16.4564 | 16.3389 | 16.3841 |
| December | 16.7429 | 16.4051 | 16.5794 |