YEARLY HIGH
54.1488 HUF
YEARLY LOW
48.2945 HUF
YEARLY AVERAGE
51.1993 HUF

2021 GHS to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 54.1488. Conversely, the yearly low was recorded on September 5, dropping to 48.2945.

This high-to-low spread represents a total annual volatility of 5.8543 HUF. From a start-to-finish perspective, comparing the January average rate of 50.4508 to the December average rate of 52.8941, the exchange rate registered a net change of 4.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 54.1488 was down 9.53% compared to the 2020 peak of 59.8536, 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 270,744 HUF
2020 Average 268,613 HUF
Yearly Trough Low 241,472 HUF
Transaction Impact: A difference of 29,271.67 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

53.9240
49.2301
JanuMarcMayJulySeptNove

GHS to HUF 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 51.3023, compared to 51.0964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2059 points.

H1 Avg (Jan–Jun) 51.3023
H2 Avg (Jul–Dec) 51.0964

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 3.1813 HUF (High: 51.4758 / Low: 48.2945). On the other end, October was the most stable month, with a tight range of 0.8324 HUF (High: 51.6046 / Low: 50.7722).

September Spread (Volatile) ±3.1813
October Spread (Stable) ±0.8324

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 1.7634 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 53.5329) against the same month in 2020 (average: 55.9850), the exchange rate shifted by -2.4521 (-4.38%).

2021 Avg (March) 53.5329
2020 Avg (March) 55.9850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.1016 49.6052 50.4508
February 52.2200 50.6535 51.1522
March 54.1488 52.4960 53.5329
April 53.3082 51.4739 52.1977
May 51.9196 49.0214 50.4343
June 51.8090 48.7747 50.0460
July 51.6343 50.2264 50.8971
August 50.5826 48.8519 49.6687
September 51.4758 48.2945 49.6213
October 51.6046 50.7722 51.2459
November 53.7205 50.6321 52.2511
December 53.6850 52.1240 52.8941