YEARLY HIGH
0.4027 LYD
YEARLY LOW
0.2936 LYD
YEARLY AVERAGE
0.3369 LYD

2024 GHS to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.4027. Conversely, the yearly low was recorded on November 5, dropping to 0.2936.

This high-to-low spread represents a total annual volatility of 0.1091 LYD. From a start-to-finish perspective, comparing the January average rate of 0.3989 to the December average rate of 0.3310, the exchange rate registered a net change of -17.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4027 was down 30.37% compared to the 2023 peak of 0.5783, 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 2,013 LYD
2023 Average 2,062 LYD
Yearly Trough Low 1,468 LYD
Transaction Impact: A difference of 545.53 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4089
0.2897
JanuMarcMayJulySeptNove

GHS to LYD 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 0.3642, compared to 0.3097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0545 points.

H1 Avg (Jan–Jun) 0.3642
H2 Avg (Jul–Dec) 0.3097

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0281 LYD (High: 0.3558 / Low: 0.3277). On the other end, September was the most stable month, with a tight range of 0.0046 LYD (High: 0.3046 / Low: 0.3000).

May Spread (Volatile) ±0.0281
September Spread (Stable) ±0.0046

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 May and June, when the average rate fell by 0.0193 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3989) against the same month in 2023 (average: 0.4219), the exchange rate shifted by -0.0230 (-5.44%).

2024 Avg (January) 0.3989
2023 Avg (January) 0.4219

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4027 0.3907 0.3989
February 0.3913 0.3819 0.3883
March 0.3820 0.3642 0.3727
April 0.3651 0.3567 0.3609
May 0.3558 0.3277 0.3417
June 0.3289 0.3188 0.3224
July 0.3180 0.3108 0.3140
August 0.3107 0.3021 0.3070
September 0.3046 0.3000 0.3030
October 0.3012 0.2961 0.2996
November 0.3188 0.2936 0.3034
December 0.3345 0.3180 0.3310