2024 GHS to SBD Historical Review

YEARLY HIGH

0.7098 SBD

YEARLY LOW

0.5060 SBD

YEARLY AVERAGE

0.5877 SBD

2024 GHS to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.7098. Conversely, the yearly low was recorded on November 5, dropping to 0.5060.

This high-to-low spread represents a total annual volatility of 0.2038 SBD. From a start-to-finish perspective, comparing the January average rate of 0.6992 to the December average rate of 0.5669, the exchange rate registered a net change of -18.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7098 was down 28.43% compared to the 2023 peak of 0.9917, 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 3,549 SBD

2023 Average 3,579 SBD

Yearly Trough Low 2,530 SBD

Transaction Impact: A difference of 1,018.81 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7172

0.5007

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6372, compared to 0.5383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0989 points.

H1 Avg (Jan–Jun) 0.6372

H2 Avg (Jul–Dec) 0.5383

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0459 SBD (High: 0.6195 / Low: 0.5736). On the other end, July was the most stable month, with a tight range of 0.0107 SBD (High: 0.5516 / Low: 0.5409).

May Spread (Volatile) ±0.0459

July Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between October and December, 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 May and June, when the average rate fell by 0.0350 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6992) against the same month in 2023 (average: 0.7290), the exchange rate shifted by -0.0298 (-4.09%).

2024 Avg (January) 0.6992

2023 Avg (January) 0.7290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7098	0.6816	0.6992
February	0.6869	0.6710	0.6784
March	0.6825	0.6397	0.6546
April	0.6399	0.6206	0.6308
May	0.6195	0.5736	0.5976
June	0.5760	0.5531	0.5625
July	0.5516	0.5409	0.5477
August	0.5499	0.5378	0.5435
September	0.5420	0.5257	0.5312
October	0.5243	0.5108	0.5188
November	0.5472	0.5060	0.5215
December	0.5726	0.5454	0.5669