2024 GHS to TWD Historical Review

YEARLY HIGH

2.6325 TWD

YEARLY LOW

1.9410 TWD

YEARLY AVERAGE

2.2365 TWD

2024 GHS to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 2.6325. Conversely, the yearly low was recorded on November 5, dropping to 1.9410.

This high-to-low spread represents a total annual volatility of 0.6914 TWD. From a start-to-finish perspective, comparing the January average rate of 2.5897 to the December average rate of 2.2038, the exchange rate registered a net change of -14.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6325 was down 28.29% compared to the 2023 peak of 3.6711, 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 13,162 TWD

2023 Average 13,358 TWD

Yearly Trough Low 9,705 TWD

Transaction Impact: A difference of 3,457.24 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6482

1.9459

JanuMarcMayJulySeptNove

GHS to TWD 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 2.3992, compared to 2.0737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3256 points.

H1 Avg (Jan–Jun) 2.3992

H2 Avg (Jul–Dec) 2.0737

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1796 TWD (High: 2.3741 / Low: 2.1946). On the other end, July was the most stable month, with a tight range of 0.0307 TWD (High: 2.1269 / Low: 2.0962).

May Spread (Volatile) ±0.1796

July Spread (Stable) ±0.0307

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.1319 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.5897) against the same month in 2023 (average: 2.6816), the exchange rate shifted by -0.0919 (-3.43%).

2024 Avg (January) 2.5897

2023 Avg (January) 2.6816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6325	2.5238	2.5897
February	2.5549	2.4999	2.5220
March	2.4943	2.4106	2.4492
April	2.4242	2.3859	2.4065
May	2.3741	2.1946	2.2746
June	2.2036	2.1274	2.1534
July	2.1269	2.0962	2.1151
August	2.1118	2.0291	2.0663
September	2.0547	2.0032	2.0349
October	2.0343	1.9571	2.0045
November	2.1182	1.9410	2.0174
December	2.2331	2.1134	2.2038