2024 GHS to BRL Historical Review

YEARLY HIGH

0.4588 BRL

YEARLY LOW

0.3430 BRL

YEARLY AVERAGE

0.3741 BRL

2024 GHS to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.4588. Conversely, the yearly low was recorded on October 1, dropping to 0.3430.

This high-to-low spread represents a total annual volatility of 0.1159 BRL. From a start-to-finish perspective, comparing the January average rate of 0.4075 to the December average rate of 0.4142, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4588 was down 27.55% compared to the 2023 peak of 0.6333, 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 2,294 BRL

2023 Average 2,141 BRL

Yearly Trough Low 1,715 BRL

Transaction Impact: A difference of 579.42 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4206

0.3448

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 0.3822, compared to 0.3659 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) 0.3822

H2 Avg (Jul–Dec) 0.3659

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0698 BRL (High: 0.4588 / Low: 0.3890). On the other end, February was the most stable month, with a tight range of 0.0108 BRL (High: 0.4037 / Low: 0.3929).

December Spread (Volatile) ±0.0698

February Spread (Stable) ±0.0108

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 0.0197 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4142) against the same month in 2023 (average: 0.4074), the exchange rate shifted by +0.0069 (+1.69%).

2024 Avg (December) 0.4142

2023 Avg (December) 0.4074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4142	0.3983	0.4075
February	0.4037	0.3929	0.3984
March	0.3914	0.3781	0.3853
April	0.3935	0.3737	0.3814
May	0.3793	0.3520	0.3617
June	0.3671	0.3533	0.3587
July	0.3698	0.3512	0.3591
August	0.3710	0.3457	0.3561
September	0.3616	0.3446	0.3528
October	0.3563	0.3430	0.3511
November	0.3899	0.3470	0.3622
December	0.4588	0.3890	0.4142