2021 GHS to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GHS to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GHS to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 157.1786. Conversely, the yearly low was recorded on December 9, dropping to 145.4602.
This high-to-low spread represents a total annual volatility of 11.7184 KPW. From a start-to-finish perspective, comparing the January average rate of 153.7593 to the December average rate of 146.5112, 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 157.1786 was down 7.09% compared to the 2020 peak of 169.1729, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
GHS to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 155.3864, compared to 148.6897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.6967 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 3.2656 KPW (High: 153.7148 / Low: 150.4492). On the other end, April was the most stable month, with a tight range of 0.8832 KPW (High: 156.2432 / Low: 155.3600).
Growth Streaks & Declines
TrendsBetween 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 3.1897 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 156.7050) against the same month in 2020 (average: 161.3154), the exchange rate shifted by -4.6103 (-2.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 154.4867 | 152.5668 | 153.7593 |
| February | 156.5663 | 154.4052 | 155.3141 |
| March | 157.1786 | 155.6650 | 156.7050 |
| April | 156.2432 | 155.3600 | 155.7773 |
| May | 156.9254 | 155.2789 | 155.8982 |
| June | 155.7093 | 153.8462 | 154.8643 |
| July | 153.7148 | 150.4492 | 151.6746 |
| August | 151.2912 | 148.8111 | 149.5315 |
| September | 151.0241 | 148.4992 | 149.1836 |
| October | 148.8834 | 147.4464 | 148.2549 |
| November | 148.0758 | 146.3415 | 146.9824 |
| December | 148.0107 | 145.4602 | 146.5112 |