YEARLY HIGH
19.2134 JPY
YEARLY LOW
17.4989 JPY
YEARLY AVERAGE
18.5423 JPY

2021 GHS to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 19.2134. Conversely, the yearly low was recorded on January 5, dropping to 17.4989.

This high-to-low spread represents a total annual volatility of 1.7145 JPY. From a start-to-finish perspective, comparing the January average rate of 17.7321 to the December average rate of 18.5326, the exchange rate registered a net change of 4.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.2134 was down 8.64% compared to the 2020 peak of 21.0310, 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 96,067 JPY
2020 Average 93,161 JPY
Yearly Trough Low 87,494 JPY
Transaction Impact: A difference of 8,572.66 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.0744
17.6101
JanuMarcMayJulySeptNove

GHS to JPY 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 18.6041, compared to 18.4805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1236 points.

H1 Avg (Jan–Jun) 18.6041
H2 Avg (Jul–Dec) 18.4805

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.7626 JPY (High: 19.0560 / Low: 18.2934). On the other end, May was the most stable month, with a tight range of 0.2184 JPY (High: 19.0245 / Low: 18.8061).

July Spread (Volatile) ±0.7626
May Spread (Stable) ±0.2184

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 0.3691 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3691

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 18.8826) against the same month in 2020 (average: 18.6750), the exchange rate shifted by +0.2077 (+1.11%).

2021 Avg (April) 18.8826
2020 Avg (April) 18.6750

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.9752 17.4989 17.7321
February 18.5435 17.9904 18.1979
March 19.1583 18.5898 18.9465
April 19.2134 18.6620 18.8826
May 19.0245 18.8061 18.9130
June 19.0984 18.7986 18.9523
July 19.0560 18.2934 18.5833
August 18.5454 18.1502 18.2513
September 18.5497 18.0420 18.2595
October 18.8702 18.3436 18.6401
November 18.8173 18.4268 18.6164
December 18.7259 18.3079 18.5326