2021 GHS to NOK Historical Review

YEARLY HIGH

1.5104 NOK

YEARLY LOW

1.3670 NOK

YEARLY AVERAGE

1.4521 NOK

2021 GHS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1.5104. Conversely, the yearly low was recorded on October 28, dropping to 1.3670.

This high-to-low spread represents a total annual volatility of 0.1435 NOK. From a start-to-finish perspective, comparing the January average rate of 1.4560 to the December average rate of 1.4607, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5104 was down 28.04% compared to the 2020 peak of 2.0990, 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 7,552 NOK

2020 Average 8,219 NOK

Yearly Trough Low 6,835 NOK

Transaction Impact: A difference of 717.26 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4936

1.3857

JanuMarcMayJulySeptNove

GHS to NOK 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 1.4587, compared to 1.4454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 1.4587

H2 Avg (Jul–Dec) 1.4454

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0903 NOK (High: 1.4760 / Low: 1.3858). On the other end, May was the most stable month, with a tight range of 0.0344 NOK (High: 1.4571 / Low: 1.4227).

November Spread (Volatile) ±0.0903

May Spread (Stable) ±0.0344

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0411 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1.4784) against the same month in 2020 (average: 1.6100), the exchange rate shifted by -0.1316 (-8.17%).

2021 Avg (July) 1.4784

2020 Avg (July) 1.6100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4862	1.4332	1.4560
February	1.5063	1.4472	1.4682
March	1.5082	1.4651	1.4846
April	1.4810	1.4147	1.4532
May	1.4571	1.4227	1.4390
June	1.4979	1.4211	1.4512
July	1.5104	1.4504	1.4784
August	1.5043	1.4358	1.4712
September	1.4617	1.4187	1.4359
October	1.4268	1.3670	1.3947
November	1.4760	1.3858	1.4315
December	1.5023	1.4282	1.4607