2021 GHS to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GHS to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GHS to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 62.3475. Conversely, the yearly low was recorded on December 23, dropping to 0.1619.
This high-to-low spread represents a total annual volatility of 62.1856 MRO. From a start-to-finish perspective, comparing the January average rate of 60.9912 to the December average rate of 41.3276, the exchange rate registered a net change of -32.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 62.3475 was down 7.09% compared to the 2020 peak of 67.1053, 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 MRO 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 61.6366, compared to 56.1821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.4544 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 58.5490 MRO (High: 58.7109 / Low: 0.1619). On the other end, April was the most stable month, with a tight range of 0.3503 MRO (High: 61.9765 / Low: 61.6261).
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 November and December, when the average rate fell by 16.9754 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 62.1596) against the same month in 2020 (average: 63.9884), the exchange rate shifted by -1.8288 (-2.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.2797 | 60.5182 | 60.9912 |
| February | 62.1046 | 61.2474 | 61.6079 |
| March | 62.3475 | 61.7471 | 62.1596 |
| April | 61.9765 | 61.6261 | 61.7916 |
| May | 62.2470 | 61.5940 | 61.8396 |
| June | 61.7647 | 61.0256 | 61.4295 |
| July | 60.9735 | 59.6782 | 60.1642 |
| August | 60.0122 | 59.0284 | 59.3141 |
| September | 59.9062 | 58.9047 | 59.1761 |
| October | 59.0570 | 58.4871 | 58.8078 |
| November | 58.7367 | 58.0488 | 58.3030 |
| December | 58.7109 | 0.1619 | 41.3276 |