2021 GHS to SBD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GHS to SBD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GHS to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 1.4228. Conversely, the yearly low was recorded on December 9, dropping to 1.3039.
This high-to-low spread represents a total annual volatility of 0.1188 SBD. From a start-to-finish perspective, comparing the January average rate of 1.3675 to the December average rate of 1.3168, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 1.4228 was down 9.57% compared to the 2020 peak of 1.5734, 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 SBD 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 1.3794, compared to 1.3308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0485 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 0.0426 SBD (High: 1.4228 / Low: 1.3802). On the other end, June was the most stable month, with a tight range of 0.0106 SBD (High: 1.3813 / Low: 1.3708).
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 June and July, when the average rate fell by 0.0211 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 1.3888) against the same month in 2020 (average: 1.4841), the exchange rate shifted by -0.0953 (-6.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.3769 | 1.3565 | 1.3675 |
| February | 1.3890 | 1.3742 | 1.3813 |
| March | 1.4228 | 1.3802 | 1.3888 |
| April | 1.3866 | 1.3760 | 1.3820 |
| May | 1.3888 | 1.3731 | 1.3806 |
| June | 1.3813 | 1.3708 | 1.3760 |
| July | 1.3713 | 1.3448 | 1.3549 |
| August | 1.3535 | 1.3313 | 1.3380 |
| September | 1.3527 | 1.3301 | 1.3357 |
| October | 1.3346 | 1.3149 | 1.3262 |
| November | 1.3205 | 1.3094 | 1.3133 |
| December | 1.3322 | 1.3039 | 1.3168 |