2021 GHS to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GHS to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GHS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 413.1964. Conversely, the yearly low was recorded on January 3, dropping to 86.8964.
This high-to-low spread represents a total annual volatility of 326.3001 SYP. From a start-to-finish perspective, comparing the January average rate of 87.6186 to the December average rate of 409.0104, the exchange rate registered a net change of 366.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 413.1964 was up 326.81% compared to the 2020 peak of 96.8115, 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 SYP 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 159.1493, compared to 255.4356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 96.2862 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 205.6820 SYP (High: 410.2815 / Low: 204.5995). On the other end, January was the most stable month, with a tight range of 1.1294 SYP (High: 88.0257 / Low: 86.8964).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 4.4896 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 409.0104) against the same month in 2020 (average: 87.3984), the exchange rate shifted by +321.6120 (+367.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.0257 | 86.8964 | 87.6186 |
| February | 89.2058 | 87.9741 | 88.4915 |
| March | 218.9158 | 89.2539 | 126.8318 |
| April | 218.3064 | 217.0597 | 217.6763 |
| May | 219.2136 | 216.9757 | 217.8478 |
| June | 217.6047 | 215.0320 | 216.4299 |
| July | 214.8313 | 210.1890 | 211.9404 |
| August | 211.4108 | 207.9709 | 208.9484 |
| September | 211.0453 | 207.5146 | 208.4501 |
| October | 207.9729 | 205.9396 | 207.1088 |
| November | 410.2815 | 204.5995 | 287.1553 |
| December | 413.1964 | 406.0764 | 409.0104 |