2021 GHS to CNY Historical Review

YEARLY HIGH

1.1401 CNY

YEARLY LOW

1.0281 CNY

YEARLY AVERAGE

1.0901 CNY

2021 GHS to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 1.1401. Conversely, the yearly low was recorded on December 8, dropping to 1.0281.

This high-to-low spread represents a total annual volatility of 0.1120 CNY. From a start-to-finish perspective, comparing the January average rate of 1.1062 to the December average rate of 1.0370, the exchange rate registered a net change of -6.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1401 was down 13.68% compared to the 2020 peak of 1.3209, 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 5,701 CNY

2020 Average 6,023 CNY

Yearly Trough Low 5,141 CNY

Transaction Impact: A difference of 560.18 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1436

1.0273

JanuMarcMayJulySeptNove

GHS to CNY 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 1.1174, compared to 1.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0546 points.

H1 Avg (Jan–Jun) 1.1174

H2 Avg (Jul–Dec) 1.0627

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0261 CNY (High: 1.1056 / Low: 1.0795). On the other end, March was the most stable month, with a tight range of 0.0129 CNY (High: 1.1396 / Low: 1.1267).

July Spread (Volatile) ±0.0261

March Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between January and March, 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 0.0154 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.1291) against the same month in 2020 (average: 1.2243), the exchange rate shifted by -0.0952 (-7.77%).

2021 Avg (April) 1.1291

2020 Avg (April) 1.2243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1135	1.0997	1.1062
February	1.1271	1.1070	1.1157
March	1.1396	1.1267	1.1339
April	1.1401	1.1192	1.1291
May	1.1216	1.1001	1.1137
June	1.1145	1.0975	1.1057
July	1.1056	1.0795	1.0914
August	1.0904	1.0696	1.0764
September	1.0843	1.0651	1.0704
October	1.0659	1.0457	1.0578
November	1.0526	1.0374	1.0435
December	1.0476	1.0281	1.0370