2021 GHS to EGP Historical Review

YEARLY HIGH

2.7453 EGP

YEARLY LOW

2.5389 EGP

YEARLY AVERAGE

2.6516 EGP

2021 GHS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 2.7453. Conversely, the yearly low was recorded on December 9, dropping to 2.5389.

This high-to-low spread represents a total annual volatility of 0.2064 EGP. From a start-to-finish perspective, comparing the January average rate of 2.6847 to the December average rate of 2.5586, the exchange rate registered a net change of -4.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7453 was down 6.73% compared to the 2020 peak of 2.9435, 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 13,726 EGP

2020 Average 13,793 EGP

Yearly Trough Low 12,695 EGP

Transaction Impact: A difference of 1,031.91 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.7518

2.5411

JanuMarcMayJulySeptNove

GHS to EGP 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 2.7081, compared to 2.5951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1130 points.

H1 Avg (Jan–Jun) 2.7081

H2 Avg (Jul–Dec) 2.5951

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0562 EGP (High: 2.6806 / Low: 2.6244). On the other end, April was the most stable month, with a tight range of 0.0224 EGP (High: 2.7294 / Low: 2.7070).

July Spread (Volatile) ±0.0562

April Spread (Stable) ±0.0224

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 June and July, when the average rate fell by 0.0522 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.7343) against the same month in 2020 (average: 2.8113), the exchange rate shifted by -0.0770 (-2.74%).

2021 Avg (March) 2.7343

2020 Avg (March) 2.8113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6996	2.6604	2.6847
February	2.7320	2.6832	2.7034
March	2.7453	2.7185	2.7343
April	2.7294	2.7070	2.7163
May	2.7307	2.7002	2.7140
June	2.7146	2.6823	2.6958
July	2.6806	2.6244	2.6436
August	2.6390	2.5958	2.6087
September	2.6387	2.5915	2.6039
October	2.5984	2.5744	2.5883
November	2.5888	2.5569	2.5674
December	2.5856	2.5389	2.5586