YEARLY HIGH
0.0723 CHF
YEARLY LOW
0.0526 CHF
YEARLY AVERAGE
0.0614 CHF

2024 GHS to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0723. Conversely, the yearly low was recorded on November 5, dropping to 0.0526.

This high-to-low spread represents a total annual volatility of 0.0198 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0713 to the December average rate of 0.0603, the exchange rate registered a net change of -15.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0723 was down 34.69% compared to the 2023 peak of 0.1108, 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 362 CHF
2023 Average 385 CHF
Yearly Trough Low 263 CHF
Transaction Impact: A difference of 98.76 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0730
0.0520
JanuMarcMayJulySeptNove

GHS to CHF 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 0.0669, compared to 0.0560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.0669
H2 Avg (Jul–Dec) 0.0560

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0059 CHF (High: 0.0669 / Low: 0.0610). On the other end, September was the most stable month, with a tight range of 0.0011 CHF (High: 0.0544 / Low: 0.0533).

May Spread (Volatile) ±0.0059
September Spread (Stable) ±0.0011

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 May and June, when the average rate fell by 0.0046 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0713) against the same month in 2023 (average: 0.0815), the exchange rate shifted by -0.0103 (-12.59%).

2024 Avg (January) 0.0713
2023 Avg (January) 0.0815

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0723 0.0698 0.0713
February 0.0713 0.0693 0.0704
March 0.0699 0.0680 0.0687
April 0.0684 0.0670 0.0677
May 0.0669 0.0610 0.0640
June 0.0612 0.0586 0.0595
July 0.0590 0.0565 0.0578
August 0.0562 0.0538 0.0550
September 0.0544 0.0533 0.0539
October 0.0542 0.0531 0.0538
November 0.0575 0.0526 0.0549
December 0.0617 0.0574 0.0603