YEARLY HIGH
610.0564 PYG
YEARLY LOW
473.1820 PYG
YEARLY AVERAGE
525.9017 PYG

2024 GHS to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 610.0564. Conversely, the yearly low was recorded on November 7, dropping to 473.1820.

This high-to-low spread represents a total annual volatility of 136.8744 PYG. From a start-to-finish perspective, comparing the January average rate of 604.6022 to the December average rate of 528.1345, the exchange rate registered a net change of -12.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 610.0564 was down 30.85% compared to the 2023 peak of 882.2487, 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 3,050,282 PYG
2023 Average 3,124,713 PYG
Yearly Trough Low 2,365,910 PYG
Transaction Impact: A difference of 684,371.85 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

616.4764
473.9863
JanuMarcMayJulySeptNove

GHS to PYG 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 555.6338, compared to 496.1695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 59.4643 points.

H1 Avg (Jan–Jun) 555.6338
H2 Avg (Jul–Dec) 496.1695

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 37.8128 PYG (High: 546.9590 / Low: 509.1461). On the other end, July was the most stable month, with a tight range of 5.8331 PYG (High: 492.7378 / Low: 486.9047).

May Spread (Volatile) ±37.8128
July Spread (Stable) ±5.8331

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 27.6139 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -27.6139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 604.6022) against the same month in 2023 (average: 650.3020), the exchange rate shifted by -45.6999 (-7.03%).

2024 Avg (January) 604.6022
2023 Avg (January) 650.3020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 610.0564 588.5752 604.6022
February 588.3899 577.1441 584.6685
March 576.5467 557.8894 565.4779
April 557.9483 547.2217 550.2948
May 546.9590 509.1461 528.1867
June 511.0956 494.2106 500.5728
July 492.7378 486.9047 489.3359
August 490.5013 481.4906 485.8605
September 497.9398 490.4646 494.2578
October 498.0213 485.6122 491.6034
November 508.7580 473.1820 487.8249
December 534.0082 507.5755 528.1345