YEARLY HIGH
0.2216 CAD
YEARLY LOW
0.2026 CAD
YEARLY AVERAGE
0.2118 CAD

2021 GHS to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.2216. Conversely, the yearly low was recorded on October 28, dropping to 0.2026.

This high-to-low spread represents a total annual volatility of 0.0190 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2174 to the December average rate of 0.2084, the exchange rate registered a net change of -4.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2216 was down 14.24% compared to the 2020 peak of 0.2584, 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 1,108 CAD
2020 Average 1,170 CAD
Yearly Trough Low 1,013 CAD
Transaction Impact: A difference of 95.09 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2205
0.2036
JanuMarcMayJulySeptNove

GHS to CAD 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 0.2154, compared to 0.2082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.2154
H2 Avg (Jul–Dec) 0.2082

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0076 CAD (High: 0.2153 / Low: 0.2076). On the other end, February was the most stable month, with a tight range of 0.0043 CAD (High: 0.2216 / Low: 0.2173).

June Spread (Volatile) ±0.0076
February Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between May and July, 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 0.0064 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.2191) against the same month in 2020 (average: 0.2470), the exchange rate shifted by -0.0278 (-11.27%).

2021 Avg (February) 0.2191
2020 Avg (February) 0.2470

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2201 0.2157 0.2174
February 0.2216 0.2173 0.2191
March 0.2212 0.2161 0.2189
April 0.2184 0.2125 0.2164
May 0.2130 0.2083 0.2101
June 0.2153 0.2076 0.2105
July 0.2151 0.2082 0.2108
August 0.2133 0.2077 0.2094
September 0.2132 0.2067 0.2100
October 0.2090 0.2026 0.2050
November 0.2082 0.2029 0.2054
December 0.2118 0.2050 0.2084