2021 GHS to TZS Historical Review

YEARLY HIGH

404.7662 TZS

YEARLY LOW

371.7317 TZS

YEARLY AVERAGE

391.0158 TZS

2021 GHS to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 404.7662. Conversely, the yearly low was recorded on December 9, dropping to 371.7317.

This high-to-low spread represents a total annual volatility of 33.0345 TZS. From a start-to-finish perspective, comparing the January average rate of 396.3687 to the December average rate of 374.7594, the exchange rate registered a net change of -5.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 404.7662 was down 6.83% compared to the 2020 peak of 434.4173, 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 2,023,831 TZS

2020 Average 2,019,556 TZS

Yearly Trough Low 1,858,658 TZS

Transaction Impact: A difference of 165,172.56 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

406.6120

371.8637

JanuMarcMayJulySeptNove

GHS to TZS 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 400.4025, compared to 381.6292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.7733 points.

H1 Avg (Jan–Jun) 400.4025

H2 Avg (Jul–Dec) 381.6292

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 8.8764 TZS (High: 389.0334 / Low: 380.1569). On the other end, April was the most stable month, with a tight range of 2.6946 TZS (High: 402.5868 / Low: 399.8921).

September Spread (Volatile) ±8.8764

April Spread (Stable) ±2.6946

Growth Streaks & Declines

Trends

Between 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 8.4337 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.4337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 403.7163) against the same month in 2020 (average: 413.0697), the exchange rate shifted by -9.3534 (-2.26%).

2021 Avg (March) 403.7163

2020 Avg (March) 413.0697

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	398.0233	393.0354	396.3687
February	403.3593	397.7685	400.2782
March	404.7662	401.0811	403.7163
April	402.5868	399.8921	401.2420
May	404.3444	399.9778	401.7496
June	401.1315	396.5047	399.0600
July	396.0910	387.6626	390.6263
August	389.6621	383.3709	385.3267
September	389.0334	380.1569	384.0891
October	381.1414	376.8075	379.2071
November	378.9094	374.4715	375.7667
December	378.7831	371.7317	374.7594