2021 GHS to UAH Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GHS to UAH Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GHS to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 4.8845. Conversely, the yearly low was recorded on November 10, dropping to 4.2597.
This high-to-low spread represents a total annual volatility of 0.6248 UAH. From a start-to-finish perspective, comparing the January average rate of 4.8207 to the December average rate of 4.4307, the exchange rate registered a net change of -8.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 4.8845 was down 1.62% compared to the 2020 peak of 4.9649, 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 UAH 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 4.7943, compared to 4.4268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3675 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 0.1884 UAH (High: 4.6779 / Low: 4.4894). On the other end, April was the most stable month, with a tight range of 0.0548 UAH (High: 4.8520 / Low: 4.7971).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1335 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 4.8393) against the same month in 2020 (average: 4.7480), the exchange rate shifted by +0.0913 (+1.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.8455 | 4.7825 | 4.8207 |
| February | 4.8620 | 4.7588 | 4.8115 |
| March | 4.8845 | 4.8149 | 4.8393 |
| April | 4.8520 | 4.7971 | 4.8303 |
| May | 4.8225 | 4.7450 | 4.7807 |
| June | 4.7391 | 4.6400 | 4.6835 |
| July | 4.6779 | 4.4894 | 4.5822 |
| August | 4.5028 | 4.4056 | 4.4487 |
| September | 4.4882 | 4.3990 | 4.4300 |
| October | 4.4022 | 4.3073 | 4.3424 |
| November | 4.4328 | 4.2597 | 4.3269 |
| December | 4.4771 | 4.3837 | 4.4307 |