2024 GHS to AZN Historical Review

YEARLY HIGH

0.1433 AZN

YEARLY LOW

0.1032 AZN

YEARLY AVERAGE

0.1186 AZN

2024 GHS to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1433. Conversely, the yearly low was recorded on November 10, dropping to 0.1032.

This high-to-low spread represents a total annual volatility of 0.0401 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1412 to the December average rate of 0.1150, 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 0.1433 was down 29.65% compared to the 2023 peak of 0.2037, 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 716 AZN

2023 Average 729 AZN

Yearly Trough Low 516 AZN

Transaction Impact: A difference of 200.53 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1447

0.1025

JanuMarcMayJulySeptNove

GHS to AZN 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 0.1281, compared to 0.1091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.1281

H2 Avg (Jul–Dec) 0.1091

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0094 AZN (High: 0.1243 / Low: 0.1149). On the other end, September was the most stable month, with a tight range of 0.0012 AZN (High: 0.1089 / Low: 0.1076).

May Spread (Volatile) ±0.0094

September Spread (Stable) ±0.0012

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 0.0068 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1412) against the same month in 2023 (average: 0.1499), the exchange rate shifted by -0.0087 (-5.84%).

2024 Avg (January) 0.1412

2023 Avg (January) 0.1499

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1433	0.1376	0.1412
February	0.1375	0.1344	0.1364
March	0.1343	0.1283	0.1315
April	0.1283	0.1244	0.1265
May	0.1243	0.1149	0.1197
June	0.1153	0.1114	0.1130
July	0.1111	0.1093	0.1102
August	0.1101	0.1082	0.1090
September	0.1089	0.1076	0.1083
October	0.1075	0.1042	0.1062
November	0.1110	0.1032	0.1060
December	0.1161	0.1107	0.1150