2024 GHS to LKR Historical Review

YEARLY HIGH

27.1050 LKR

YEARLY LOW

17.8246 LKR

YEARLY AVERAGE

21.0974 LKR

2024 GHS to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 27.1050. Conversely, the yearly low was recorded on November 12, dropping to 17.8246.

This high-to-low spread represents a total annual volatility of 9.2804 LKR. From a start-to-finish perspective, comparing the January average rate of 26.6553 to the December average rate of 19.7353, the exchange rate registered a net change of -25.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.1050 was down 38.44% compared to the 2023 peak of 44.0300, 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 135,525 LKR

2023 Average 140,701 LKR

Yearly Trough Low 89,123 LKR

Transaction Impact: A difference of 46,402.06 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.5000

17.3639

JanuMarcMayJulySeptNove

GHS to LKR 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 23.1380, compared to 19.0568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0812 points.

H1 Avg (Jan–Jun) 23.1380

H2 Avg (Jul–Dec) 19.0568

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.7952 LKR (High: 24.4648 / Low: 22.6696). On the other end, June was the most stable month, with a tight range of 0.3655 LKR (High: 20.3981 / Low: 20.0325).

March Spread (Volatile) ±1.7952

June Spread (Stable) ±0.3655

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.5896 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.5896

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 26.6553) against the same month in 2023 (average: 32.2583), the exchange rate shifted by -5.6030 (-17.37%).

2024 Avg (January) 26.6553

2023 Avg (January) 32.2583

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.1050	25.5738	26.6553
February	25.4909	24.4903	25.0657
March	24.4648	22.6696	23.5815
April	22.6717	21.7134	22.2451
May	21.7621	20.3202	21.0740
June	20.3981	20.0325	20.2064
July	19.9558	19.4508	19.6772
August	19.5045	19.0077	19.2283
September	19.4134	18.7820	19.1600
October	18.6450	17.9811	18.3314
November	18.9343	17.8246	18.2086
December	20.1439	18.8902	19.7353