YEARLY HIGH
0.1693 BZD
YEARLY LOW
0.1229 BZD
YEARLY AVERAGE
0.1406 BZD

2024 GHS to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1693. Conversely, the yearly low was recorded on November 9, dropping to 0.1229.

This high-to-low spread represents a total annual volatility of 0.0465 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1673 to the December average rate of 0.1361, the exchange rate registered a net change of -18.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1693 was down 29.88% compared to the 2023 peak of 0.2415, 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 847 BZD
2023 Average 864 BZD
Yearly Trough Low 614 BZD
Transaction Impact: A difference of 232.43 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1715
0.1216
JanuMarcMayJulySeptNove

GHS to BZD 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 0.1518, compared to 0.1293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.1518
H2 Avg (Jul–Dec) 0.1293

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0110 BZD (High: 0.1471 / Low: 0.1361). On the other end, August was the most stable month, with a tight range of 0.0011 BZD (High: 0.1297 / Low: 0.1286).

May Spread (Volatile) ±0.0110
August Spread (Stable) ±0.0011

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 0.0080 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1673) against the same month in 2023 (average: 0.1778), the exchange rate shifted by -0.0104 (-5.87%).

2024 Avg (January) 0.1673
2023 Avg (January) 0.1778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1693 0.1631 0.1673
February 0.1632 0.1594 0.1618
March 0.1592 0.1521 0.1558
April 0.1521 0.1476 0.1499
May 0.1471 0.1361 0.1419
June 0.1367 0.1322 0.1340
July 0.1317 0.1296 0.1306
August 0.1297 0.1286 0.1291
September 0.1289 0.1276 0.1284
October 0.1274 0.1237 0.1260
November 0.1313 0.1229 0.1258
December 0.1376 0.1310 0.1361