2024 GHS to SEK Historical Review

YEARLY HIGH

0.8737 SEK

YEARLY LOW

0.6398 SEK

YEARLY AVERAGE

0.7373 SEK

2024 GHS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.8737. Conversely, the yearly low was recorded on September 28, dropping to 0.6398.

This high-to-low spread represents a total annual volatility of 0.2339 SEK. From a start-to-finish perspective, comparing the January average rate of 0.8590 to the December average rate of 0.7439, the exchange rate registered a net change of -13.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8737 was down 30.02% compared to the 2023 peak of 1.2485, 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 4,369 SEK

2023 Average 4,552 SEK

Yearly Trough Low 3,199 SEK

Transaction Impact: A difference of 1,169.46 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8798

0.6302

JanuMarcMayJulySeptNove

GHS to SEK 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 0.7939, compared to 0.6806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1133 points.

H1 Avg (Jan–Jun) 0.7939

H2 Avg (Jul–Dec) 0.6806

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0857 SEK (High: 0.7972 / Low: 0.7115). On the other end, October was the most stable month, with a tight range of 0.0105 SEK (High: 0.6595 / Low: 0.6490).

May Spread (Volatile) ±0.0857

October Spread (Stable) ±0.0105

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 May and June, when the average rate fell by 0.0585 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8590) against the same month in 2023 (average: 0.9170), the exchange rate shifted by -0.0580 (-6.33%).

2024 Avg (January) 0.8590

2023 Avg (January) 0.9170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8737	0.8397	0.8590
February	0.8561	0.8193	0.8375
March	0.8184	0.7936	0.8060
April	0.8158	0.7872	0.8051
May	0.7972	0.7115	0.7571
June	0.7144	0.6892	0.6986
July	0.6990	0.6724	0.6892
August	0.6904	0.6501	0.6663
September	0.6628	0.6398	0.6510
October	0.6595	0.6490	0.6542
November	0.7116	0.6484	0.6792
December	0.7591	0.7119	0.7439