2024 GHS to BND Historical Review

YEARLY HIGH

0.1121 BND

YEARLY LOW

0.0803 BND

YEARLY AVERAGE

0.0933 BND

2024 GHS to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.1121. Conversely, the yearly low was recorded on November 5, dropping to 0.0803.

This high-to-low spread represents a total annual volatility of 0.0318 BND. From a start-to-finish perspective, comparing the January average rate of 0.1108 to the December average rate of 0.0913, the exchange rate registered a net change of -17.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1121 was down 30.18% compared to the 2023 peak of 0.1606, 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 561 BND

2023 Average 576 BND

Yearly Trough Low 401 BND

Transaction Impact: A difference of 159.17 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1137

0.0789

JanuMarcMayJulySeptNove

GHS to BND 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 0.1014, compared to 0.0851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.1014

H2 Avg (Jul–Dec) 0.0851

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0083 BND (High: 0.0996 / Low: 0.0913). On the other end, October was the most stable month, with a tight range of 0.0010 BND (High: 0.0822 / Low: 0.0812).

May Spread (Volatile) ±0.0083

October Spread (Stable) ±0.0010

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 0.0057 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1108) against the same month in 2023 (average: 0.1171), the exchange rate shifted by -0.0063 (-5.36%).

2024 Avg (January) 0.1108

2023 Avg (January) 0.1171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1121	0.1085	0.1108
February	0.1090	0.1064	0.1079
March	0.1062	0.1018	0.1036
April	0.1019	0.0997	0.1009
May	0.0996	0.0913	0.0952
June	0.0917	0.0888	0.0899
July	0.0886	0.0865	0.0873
August	0.0860	0.0830	0.0843
September	0.0837	0.0812	0.0826
October	0.0822	0.0812	0.0818
November	0.0873	0.0803	0.0834
December	0.0927	0.0871	0.0913