YEARLY HIGH
0.1238 JOD
YEARLY LOW
0.1146 JOD
YEARLY AVERAGE
0.1198 JOD

2021 GHS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.1238. Conversely, the yearly low was recorded on December 9, dropping to 0.1146.

This high-to-low spread represents a total annual volatility of 0.0092 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1211 to the December average rate of 0.1154, the exchange rate registered a net change of -4.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1238 was down 7.09% compared to the 2020 peak of 0.1333, 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 619 JOD
2020 Average 619 JOD
Yearly Trough Low 573 JOD
Transaction Impact: A difference of 46.16 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1243
0.1146
JanuMarcMayJulySeptNove

GHS to JOD 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 0.1224, compared to 0.1171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1224
H2 Avg (Jul–Dec) 0.1171

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0026 JOD (High: 0.1211 / Low: 0.1185). On the other end, April was the most stable month, with a tight range of 0.0007 JOD (High: 0.1231 / Low: 0.1224).

July Spread (Volatile) ±0.0026
April Spread (Stable) ±0.0007

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 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.1234) against the same month in 2020 (average: 0.1271), the exchange rate shifted by -0.0036 (-2.86%).

2021 Avg (March) 0.1234
2020 Avg (March) 0.1271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1217 0.1202 0.1211
February 0.1233 0.1216 0.1223
March 0.1238 0.1226 0.1234
April 0.1231 0.1224 0.1227
May 0.1236 0.1223 0.1228
June 0.1227 0.1212 0.1220
July 0.1211 0.1185 0.1195
August 0.1192 0.1172 0.1178
September 0.1190 0.1169 0.1175
October 0.1173 0.1162 0.1168
November 0.1167 0.1153 0.1158
December 0.1166 0.1146 0.1154