YEARLY HIGH
0.1273 AUD
YEARLY LOW
0.0914 AUD
YEARLY AVERAGE
0.1058 AUD

2024 GHS to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.1273. Conversely, the yearly low was recorded on November 7, dropping to 0.0914.

This high-to-low spread represents a total annual volatility of 0.0360 AUD. From a start-to-finish perspective, comparing the January average rate of 0.1250 to the December average rate of 0.1070, the exchange rate registered a net change of -14.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1273 was down 27.53% compared to the 2023 peak of 0.1757, 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 637 AUD
2023 Average 646 AUD
Yearly Trough Low 457 AUD
Transaction Impact: A difference of 179.80 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1281
0.0900
JanuMarcMayJulySeptNove

GHS to AUD 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 0.1144, compared to 0.0972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.1144
H2 Avg (Jul–Dec) 0.0972

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0104 AUD (High: 0.1118 / Low: 0.1014). On the other end, October was the most stable month, with a tight range of 0.0022 AUD (High: 0.0940 / Low: 0.0918).

May Spread (Volatile) ±0.0104
October Spread (Stable) ±0.0022

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 April and May, when the average rate fell by 0.0081 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1250) against the same month in 2023 (average: 0.1269), the exchange rate shifted by -0.0020 (-1.54%).

2024 Avg (January) 0.1250
2023 Avg (January) 0.1269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1273 0.1224 0.1250
February 0.1246 0.1216 0.1230
March 0.1210 0.1156 0.1179
April 0.1164 0.1121 0.1144
May 0.1118 0.1014 0.1062
June 0.1019 0.0981 0.1001
July 0.0987 0.0959 0.0971
August 0.0997 0.0937 0.0963
September 0.0959 0.0917 0.0941
October 0.0940 0.0918 0.0931
November 0.1003 0.0914 0.0955
December 0.1100 0.1001 0.1070