2021 GHS to SGD Historical Review

YEARLY HIGH

0.2357 SGD

YEARLY LOW

0.2191 SGD

YEARLY AVERAGE

0.2270 SGD

2021 GHS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.2357. Conversely, the yearly low was recorded on December 30, dropping to 0.2191.

This high-to-low spread represents a total annual volatility of 0.0166 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2266 to the December average rate of 0.2220, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2357 was down 10.57% compared to the 2020 peak of 0.2635, 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 1,178 SGD

2020 Average 1,204 SGD

Yearly Trough Low 1,095 SGD

Transaction Impact: A difference of 82.96 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2350

0.2205

JanuMarcMayJulySeptNove

GHS to SGD 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 0.2301, compared to 0.2238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.2301

H2 Avg (Jul–Dec) 0.2238

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0056 SGD (High: 0.2247 / Low: 0.2191). On the other end, November was the most stable month, with a tight range of 0.0028 SGD (High: 0.2231 / Low: 0.2204).

December Spread (Volatile) ±0.0056

November Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.2338) against the same month in 2020 (average: 0.2538), the exchange rate shifted by -0.0200 (-7.89%).

2021 Avg (March) 0.2338

2020 Avg (March) 0.2538

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2283	0.2239	0.2266
February	0.2318	0.2278	0.2291
March	0.2357	0.2315	0.2338
April	0.2336	0.2292	0.2311
May	0.2316	0.2281	0.2303
June	0.2323	0.2275	0.2296
July	0.2305	0.2262	0.2283
August	0.2282	0.2226	0.2251
September	0.2259	0.2214	0.2234
October	0.2246	0.2205	0.2226
November	0.2231	0.2204	0.2217
December	0.2247	0.2191	0.2220