YEARLY HIGH
3.6926 SRD
YEARLY LOW
2.3994 SRD
YEARLY AVERAGE
3.0602 SRD

2021 GHS to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 3.6926. Conversely, the yearly low was recorded on January 3, dropping to 2.3994.

This high-to-low spread represents a total annual volatility of 1.2932 SRD. From a start-to-finish perspective, comparing the January average rate of 2.4181 to the December average rate of 3.4506, the exchange rate registered a net change of 42.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.6926 was up 51.00% compared to the 2020 peak of 2.4454, 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 18,463 SRD
2020 Average 8,090 SRD
Yearly Trough Low 11,997 SRD
Transaction Impact: A difference of 6,466.11 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.6800
2.3034
JanuMarcMayJulySeptNove

GHS to SRD 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 2.5945, compared to 3.5258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9313 points.

H1 Avg (Jan–Jun) 2.5945
H2 Avg (Jul–Dec) 3.5258

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.2538 SRD (High: 3.6926 / Low: 2.4388). On the other end, April was the most stable month, with a tight range of 0.0139 SRD (High: 2.4572 / Low: 2.4433).

June Spread (Volatile) ±1.2538
April Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 0.0618 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 3.3402) against the same month in 2020 (average: 1.2890), the exchange rate shifted by +2.0512 (+159.13%).

2021 Avg (June) 3.3402
2020 Avg (June) 1.2890

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4296 2.3994 2.4181
February 2.4623 2.4283 2.4426
March 2.4719 2.4481 2.4644
April 2.4572 2.4433 2.4499
May 2.4679 2.4420 2.4518
June 3.6926 2.4388 3.3402
July 3.6035 3.5297 3.5653
August 3.6022 3.5255 3.5540
September 3.5803 3.5024 3.5430
October 3.5496 3.5066 3.5296
November 3.5380 3.4972 3.5124
December 3.5453 3.1539 3.4506