2024 GHS to KRW Historical Review

YEARLY HIGH

112.2129 KRW

YEARLY LOW

83.0878 KRW

YEARLY AVERAGE

95.0118 KRW

2024 GHS to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 112.2129. Conversely, the yearly low was recorded on September 28, dropping to 83.0878.

This high-to-low spread represents a total annual volatility of 29.1250 KRW. From a start-to-finish perspective, comparing the January average rate of 109.9825 to the December average rate of 97.4848, the exchange rate registered a net change of -11.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 112.2129 was down 25.77% compared to the 2023 peak of 151.1591, 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 561,064 KRW

2023 Average 560,179 KRW

Yearly Trough Low 415,439 KRW

Transaction Impact: A difference of 145,625.17 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

112.5098

82.1820

JanuMarcMayJulySeptNove

GHS to KRW 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 101.6231, compared to 88.4005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.2225 points.

H1 Avg (Jan–Jun) 101.6231

H2 Avg (Jul–Dec) 88.4005

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 9.6888 KRW (High: 100.5635 / Low: 90.8747). On the other end, July was the most stable month, with a tight range of 2.3744 KRW (High: 90.4261 / Low: 88.0517).

December Spread (Volatile) ±9.6888

July Spread (Stable) ±2.3744

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 April and May, when the average rate fell by 5.8740 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.8740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 109.9825) against the same month in 2023 (average: 109.6880), the exchange rate shifted by +0.2945 (+0.27%).

2024 Avg (January) 109.9825

2023 Avg (January) 109.6880

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	112.2129	106.7329	109.9825
February	107.9782	105.5855	106.9377
March	105.2191	101.6075	103.0131
April	103.5999	100.7764	101.9199
May	100.5872	92.9685	96.0459
June	93.8380	90.5258	91.8391
July	90.4261	88.0517	89.6038
August	88.3326	84.6569	86.5403
September	85.8112	83.0878	84.7093
October	86.2647	83.7842	85.0478
November	91.0823	83.9820	87.0171
December	100.5635	90.8747	97.4848