2024 GHS to JPY Historical Review

YEARLY HIGH

12.3570 JPY

YEARLY LOW

8.9653 JPY

YEARLY AVERAGE

10.5589 JPY

2024 GHS to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 12.3570. Conversely, the yearly low was recorded on September 16, dropping to 8.9653.

This high-to-low spread represents a total annual volatility of 3.3918 JPY. From a start-to-finish perspective, comparing the January average rate of 12.1353 to the December average rate of 10.4230, the exchange rate registered a net change of -14.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.3570 was down 21.22% compared to the 2023 peak of 15.6849, 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 61,785 JPY

2023 Average 60,267 JPY

Yearly Trough Low 44,826 JPY

Transaction Impact: A difference of 16,958.76 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.4377

8.8087

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 11.4426, compared to 9.6753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7674 points.

H1 Avg (Jan–Jun) 11.4426

H2 Avg (Jul–Dec) 9.6753

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.9921 JPY (High: 10.7501 / Low: 9.7581). On the other end, June was the most stable month, with a tight range of 0.2573 JPY (High: 10.6689 / Low: 10.4115).

December Spread (Volatile) ±0.9921

June Spread (Stable) ±0.2573

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 July and August, when the average rate fell by 0.8408 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 12.1353) against the same month in 2023 (average: 11.4891), the exchange rate shifted by +0.6462 (+5.62%).

2024 Avg (January) 12.1353

2023 Avg (January) 11.4891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3570	11.7610	12.1353
February	12.1604	11.8356	12.0072
March	11.8574	11.4223	11.5779
April	11.6782	11.3138	11.4598
May	11.3340	10.6250	10.9656
June	10.6689	10.4115	10.5100
July	10.5564	9.6341	10.2133
August	9.5981	9.2175	9.3726
September	9.3834	8.9653	9.1112
October	9.4976	9.0864	9.3613
November	9.8180	9.2331	9.5703
December	10.7501	9.7581	10.4230