YEARLY HIGH
1.0254 BRL
YEARLY LOW
0.8420 BRL
YEARLY AVERAGE
0.9116 BRL

2021 GHS to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.0254. Conversely, the yearly low was recorded on June 24, dropping to 0.8420.

This high-to-low spread represents a total annual volatility of 0.1834 BRL. From a start-to-finish perspective, comparing the January average rate of 0.9154 to the December average rate of 0.9206, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0254 was up 0.42% compared to the 2020 peak of 1.0212, 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 5,127 BRL
2020 Average 4,491 BRL
Yearly Trough Low 4,210 BRL
Transaction Impact: A difference of 917.02 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9936
0.8542
JanuMarcMayJulySeptNove

GHS to BRL 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 0.9303, compared to 0.8929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0374 points.

H1 Avg (Jan–Jun) 0.9303
H2 Avg (Jul–Dec) 0.8929

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0697 BRL (High: 1.0254 / Low: 0.9558). On the other end, July was the most stable month, with a tight range of 0.0387 BRL (High: 0.8883 / Low: 0.8496).

March Spread (Volatile) ±0.0697
July Spread (Stable) ±0.0387

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0522 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.9820) against the same month in 2020 (average: 0.8752), the exchange rate shifted by +0.1068 (+12.20%).

2021 Avg (March) 0.9820
2020 Avg (March) 0.8752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9380 0.8804 0.9154
February 0.9744 0.9209 0.9348
March 1.0254 0.9558 0.9820
April 0.9936 0.9246 0.9659
May 0.9427 0.9011 0.9181
June 0.8896 0.8420 0.8659
July 0.8883 0.8496 0.8703
August 0.8954 0.8528 0.8730
September 0.9007 0.8532 0.8743
October 0.9320 0.8870 0.9117
November 0.9346 0.8829 0.9075
December 0.9379 0.8966 0.9206