2021 GHS to CVE Historical Review

YEARLY HIGH

16.4519 CVE

YEARLY LOW

15.3499 CVE

YEARLY AVERAGE

15.8034 CVE

2021 GHS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 16.4519. Conversely, the yearly low was recorded on January 3, dropping to 15.3499.

This high-to-low spread represents a total annual volatility of 1.1020 CVE. From a start-to-finish perspective, comparing the January average rate of 15.5422 to the December average rate of 15.9533, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.4519 was down 64.16% compared to the 2020 peak of 45.9100, 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 82,259 CVE

2020 Average 85,148 CVE

Yearly Trough Low 76,750 CVE

Transaction Impact: A difference of 5,509.78 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.2756

15.4756

JanuMarcMayJulySeptNove

GHS to CVE 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 15.8698, compared to 15.7370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1328 points.

H1 Avg (Jan–Jun) 15.8698

H2 Avg (Jul–Dec) 15.7370

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.8545 CVE (High: 16.4519 / Low: 15.5974). On the other end, February was the most stable month, with a tight range of 0.2003 CVE (High: 15.9096 / Low: 15.7094).

June Spread (Volatile) ±0.8545

February Spread (Stable) ±0.2003

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2345 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 15.8302) against the same month in 2020 (average: 17.0058), the exchange rate shifted by -1.1756 (-6.91%).

2021 Avg (June) 15.8302

2020 Avg (June) 17.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.6947	15.3499	15.5422
February	15.9096	15.7094	15.8012
March	16.3807	15.9979	16.2090
April	16.3274	15.7995	16.0354
May	16.0035	15.6223	15.8008
June	16.4519	15.5974	15.8302
July	15.9607	15.5913	15.7858
August	15.7521	15.4481	15.5821
September	15.7765	15.3567	15.5632
October	15.8230	15.5324	15.7119
November	16.1211	15.6022	15.8260
December	16.1467	15.8234	15.9533