2021 GHS to TND Historical Review

YEARLY HIGH

0.4853 TND

YEARLY LOW

0.4563 TND

YEARLY AVERAGE

0.4691 TND

2021 GHS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.4853. Conversely, the yearly low was recorded on January 3, dropping to 0.4563.

This high-to-low spread represents a total annual volatility of 0.0291 TND. From a start-to-finish perspective, comparing the January average rate of 0.4609 to the December average rate of 0.4683, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4853 was down 9.76% compared to the 2020 peak of 0.5378, 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 2,427 TND

2020 Average 2,448 TND

Yearly Trough Low 2,281 TND

Transaction Impact: A difference of 145.27 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4813

0.4591

JanuMarcMayJulySeptNove

GHS to TND 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 0.4722, compared to 0.4660 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) 0.4722

H2 Avg (Jul–Dec) 0.4660

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0121 TND (High: 0.4853 / Low: 0.4732). On the other end, August was the most stable month, with a tight range of 0.0073 TND (High: 0.4677 / Low: 0.4604).

April Spread (Volatile) ±0.0121

August Spread (Stable) ±0.0073

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 July and August, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.4782) against the same month in 2020 (average: 0.5018), the exchange rate shifted by -0.0236 (-4.70%).

2021 Avg (April) 0.4782

2020 Avg (April) 0.5018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4655	0.4563	0.4609
February	0.4724	0.4632	0.4682
March	0.4831	0.4755	0.4795
April	0.4853	0.4732	0.4782
May	0.4782	0.4696	0.4730
June	0.4778	0.4689	0.4731
July	0.4745	0.4665	0.4694
August	0.4677	0.4604	0.4632
September	0.4679	0.4587	0.4632
October	0.4689	0.4613	0.4653
November	0.4724	0.4616	0.4663
December	0.4725	0.4651	0.4683