2021 GHS to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GHS to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GHS to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 101.9164. Conversely, the yearly low was recorded on December 21, dropping to 93.4443.
This high-to-low spread represents a total annual volatility of 8.4721 SOS. From a start-to-finish perspective, comparing the January average rate of 99.2647 to the December average rate of 94.6794, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 101.9164 was down 7.06% compared to the 2020 peak of 109.6532, 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 SOS 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 100.3773, compared to 95.9592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4181 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 2.4834 SOS (High: 95.9277 / Low: 93.4443). On the other end, January was the most stable month, with a tight range of 1.3633 SOS (High: 99.9145 / Low: 98.5511).
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 2.3492 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 101.3134) against the same month in 2020 (average: 104.3786), the exchange rate shifted by -3.0652 (-2.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.9145 | 98.5511 | 99.2647 |
| February | 101.2965 | 99.6047 | 100.2828 |
| March | 101.9164 | 100.4643 | 101.3134 |
| April | 101.6479 | 99.7547 | 100.5116 |
| May | 101.5195 | 99.4984 | 100.7401 |
| June | 101.2111 | 98.9260 | 100.1513 |
| July | 98.8119 | 96.7407 | 97.8021 |
| August | 97.2204 | 95.6138 | 96.2471 |
| September | 97.6608 | 95.4671 | 96.2520 |
| October | 96.7742 | 95.0726 | 95.8233 |
| November | 96.0656 | 94.2519 | 94.9514 |
| December | 95.9277 | 93.4443 | 94.6794 |