2024 GHS to GYD Historical Review

YEARLY HIGH

17.5758 GYD

YEARLY LOW

12.7518 GYD

YEARLY AVERAGE

14.5933 GYD

2024 GHS to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 17.5758. Conversely, the yearly low was recorded on November 12, dropping to 12.7518.

This high-to-low spread represents a total annual volatility of 4.8241 GYD. From a start-to-finish perspective, comparing the January average rate of 17.3758 to the December average rate of 14.1475, the exchange rate registered a net change of -18.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.5758 was down 29.88% compared to the 2023 peak of 25.0660, 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 87,879 GYD

2023 Average 90,108 GYD

Yearly Trough Low 63,759 GYD

Transaction Impact: A difference of 24,120.33 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.8083

12.6182

JanuMarcMayJulySeptNove

GHS to GYD 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 15.7613, compared to 13.4252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3361 points.

H1 Avg (Jan–Jun) 15.7613

H2 Avg (Jul–Dec) 13.4252

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.1412 GYD (High: 15.2792 / Low: 14.1381). On the other end, August was the most stable month, with a tight range of 0.1166 GYD (High: 13.4638 / Low: 13.3472).

May Spread (Volatile) ±1.1412

August Spread (Stable) ±0.1166

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8360 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.8360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 17.3758) against the same month in 2023 (average: 18.4905), the exchange rate shifted by -1.1147 (-6.03%).

2024 Avg (January) 17.3758

2023 Avg (January) 18.4905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.5758	16.9310	17.3758
February	16.9378	16.5427	16.7972
March	16.6107	15.7979	16.1855
April	15.7995	15.3289	15.5684
May	15.2792	14.1381	14.7324
June	14.1923	13.7141	13.9086
July	13.6748	13.4528	13.5568
August	13.4638	13.3472	13.3984
September	13.3776	13.2460	13.3257
October	13.2268	12.8398	13.0721
November	13.6296	12.7518	13.0507
December	14.2810	13.5979	14.1475