2024 GHS to UYU Historical Review

YEARLY HIGH

3.3040 UYU

YEARLY LOW

2.5226 UYU

YEARLY AVERAGE

2.7962 UYU

2024 GHS to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 3.3040. Conversely, the yearly low was recorded on October 29, dropping to 2.5226.

This high-to-low spread represents a total annual volatility of 0.7814 UYU. From a start-to-finish perspective, comparing the January average rate of 3.2525 to the December average rate of 2.9757, the exchange rate registered a net change of -8.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.3040 was down 31.00% compared to the 2023 peak of 4.7885, 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 16,520 UYU

2023 Average 16,644 UYU

Yearly Trough Low 12,613 UYU

Transaction Impact: A difference of 3,906.93 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.3192

2.5184

JanuMarcMayJulySeptNove

GHS to UYU 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 2.9235, compared to 2.6689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2545 points.

H1 Avg (Jan–Jun) 2.9235

H2 Avg (Jul–Dec) 2.6689

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2533 UYU (High: 2.7908 / Low: 2.5375). On the other end, July was the most stable month, with a tight range of 0.0277 UYU (High: 2.6165 / Low: 2.5888).

November Spread (Volatile) ±0.2533

July Spread (Stable) ±0.0277

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 February and March, when the average rate fell by 0.1654 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 3.2525) against the same month in 2023 (average: 3.4844), the exchange rate shifted by -0.2318 (-6.65%).

2024 Avg (January) 3.2525

2023 Avg (January) 3.4844

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.3040	3.1483	3.2525
February	3.1689	3.0939	3.1399
March	3.0864	2.8349	2.9746
April	2.8957	2.8050	2.8584
May	2.7977	2.6168	2.7102
June	2.6276	2.5772	2.6051
July	2.6165	2.5888	2.6036
August	2.6155	2.5689	2.5851
September	2.6766	2.5631	2.6091
October	2.6487	2.5226	2.5977
November	2.7908	2.5375	2.6424
December	3.0449	2.7951	2.9757