2024 GHS to KMF Historical Review

YEARLY HIGH

37.8061 KMF

YEARLY LOW

27.4690 KMF

YEARLY AVERAGE

31.7484 KMF

2024 GHS to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 37.8061. Conversely, the yearly low was recorded on November 5, dropping to 27.4690.

This high-to-low spread represents a total annual volatility of 10.3371 KMF. From a start-to-finish perspective, comparing the January average rate of 37.4731 to the December average rate of 31.7962, the exchange rate registered a net change of -15.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 37.8061 was down 31.43% compared to the 2023 peak of 55.1348, 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 189,030 KMF

2023 Average 195,307 KMF

Yearly Trough Low 137,345 KMF

Transaction Impact: A difference of 51,685.67 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

38.4004

27.2731

JanuMarcMayJulySeptNove

GHS to KMF 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 34.2889, compared to 29.2079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0810 points.

H1 Avg (Jan–Jun) 34.2889

H2 Avg (Jul–Dec) 29.2079

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.0078 KMF (High: 30.4767 / Low: 27.4690). On the other end, September was the most stable month, with a tight range of 0.5160 KMF (High: 28.5110 / Low: 27.9950).

November Spread (Volatile) ±3.0078

September Spread (Stable) ±0.5160

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 2.0432 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 37.4731) against the same month in 2023 (average: 40.3407), the exchange rate shifted by -2.8675 (-7.11%).

2024 Avg (January) 37.4731

2023 Avg (January) 40.3407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.8061	36.7379	37.4731
February	37.0953	35.9098	36.5995
March	35.9072	34.3434	35.0310
April	34.6201	33.7239	34.1463
May	33.6724	30.6926	32.1030
June	30.8194	30.1375	30.3805
July	30.0163	29.1932	29.4427
August	29.3969	28.1821	28.6729
September	28.5110	27.9950	28.2465
October	28.4344	27.8695	28.2004
November	30.4767	27.4690	28.8886
December	32.3322	30.4059	31.7962