2024 GHS to NZD Historical Review

YEARLY HIGH

0.1367 NZD

YEARLY LOW

0.0999 NZD

YEARLY AVERAGE

0.1153 NZD

2024 GHS to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1367. Conversely, the yearly low was recorded on September 29, dropping to 0.0999.

This high-to-low spread represents a total annual volatility of 0.0368 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1345 to the December average rate of 0.1179, the exchange rate registered a net change of -12.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1367 was down 27.50% compared to the 2023 peak of 0.1885, 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 683 NZD

2023 Average 699 NZD

Yearly Trough Low 500 NZD

Transaction Impact: A difference of 183.81 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1377

0.0991

JanuMarcMayJulySeptNove

GHS to NZD 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 0.1237, compared to 0.1069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.1237

H2 Avg (Jul–Dec) 0.1069

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0132 NZD (High: 0.1230 / Low: 0.1098). On the other end, June was the most stable month, with a tight range of 0.0029 NZD (High: 0.1103 / Low: 0.1074).

May Spread (Volatile) ±0.0132

June Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0089 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1345) against the same month in 2023 (average: 0.1378), the exchange rate shifted by -0.0033 (-2.42%).

2024 Avg (January) 0.1345

2023 Avg (January) 0.1378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1367	0.1320	0.1345
February	0.1334	0.1287	0.1310
March	0.1294	0.1259	0.1273
April	0.1268	0.1230	0.1250
May	0.1230	0.1098	0.1161
June	0.1103	0.1074	0.1084
July	0.1098	0.1057	0.1075
August	0.1089	0.1016	0.1054
September	0.1040	0.0999	0.1023
October	0.1039	0.1006	0.1028
November	0.1110	0.1013	0.1056
December	0.1216	0.1102	0.1179