2021 GHS to MGA Historical Review

YEARLY HIGH

666.4456 MGA

YEARLY LOW

631.6559 MGA

YEARLY AVERAGE

650.5499 MGA

2021 GHS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 666.4456. Conversely, the yearly low was recorded on August 3, dropping to 631.6559.

This high-to-low spread represents a total annual volatility of 34.7897 MGA. From a start-to-finish perspective, comparing the January average rate of 650.5377 to the December average rate of 645.8537, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 666.4456 was down 5.00% compared to the 2020 peak of 701.5318, 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 3,332,228 MGA

2020 Average 3,322,569 MGA

Yearly Trough Low 3,158,280 MGA

Transaction Impact: A difference of 173,948.53 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

658.1878

644.7325

JanuMarcMayJulySeptNove

GHS to MGA 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 652.4434, compared to 648.6563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7871 points.

H1 Avg (Jan–Jun) 652.4434

H2 Avg (Jul–Dec) 648.6563

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 28.7487 MGA (High: 663.3298 / Low: 634.5811). On the other end, November was the most stable month, with a tight range of 5.3903 MGA (High: 653.2661 / Low: 647.8758).

July Spread (Volatile) ±28.7487

November Spread (Stable) ±5.3903

Growth Streaks & Declines

Trends

Between August and October, 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 4.4863 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.4863

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 650.5377) against the same month in 2020 (average: 651.2670), the exchange rate shifted by -0.7293 (-0.11%).

2021 Avg (January) 650.5377

2020 Avg (January) 651.2670

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	666.4456	640.3748	650.5377
February	654.6680	638.5343	649.2818
March	661.1498	651.1960	657.0665
April	659.4558	650.8328	655.9062
May	658.4262	646.4026	651.4198
June	664.8951	646.1915	650.4486
July	663.3298	634.5811	646.9177
August	656.3014	631.6559	646.3965
September	658.7593	645.5774	651.2595
October	655.2366	647.2291	651.7104
November	653.2661	647.8758	649.8000
December	652.2095	632.5101	645.8537