YEARLY HIGH
0.2353 WST
YEARLY LOW
0.1699 WST
YEARLY AVERAGE
0.1953 WST

2024 GHS to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2353. Conversely, the yearly low was recorded on November 10, dropping to 0.1699.

This high-to-low spread represents a total annual volatility of 0.0653 WST. From a start-to-finish perspective, comparing the January average rate of 0.2325 to the December average rate of 0.1894, the exchange rate registered a net change of -18.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2353 was down 27.20% compared to the 2023 peak of 0.3232, 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 1,176 WST
2023 Average 1,171 WST
Yearly Trough Low 850 WST
Transaction Impact: A difference of 326.56 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2383
0.1689
JanuMarcMayJulySeptNove

GHS to WST 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 0.2109, compared to 0.1797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0312 points.

H1 Avg (Jan–Jun) 0.2109
H2 Avg (Jul–Dec) 0.1797

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0155 WST (High: 0.2047 / Low: 0.1892). On the other end, September was the most stable month, with a tight range of 0.0020 WST (High: 0.1793 / Low: 0.1773).

May Spread (Volatile) ±0.0155
September Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0111 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2325) against the same month in 2023 (average: 0.2379), the exchange rate shifted by -0.0054 (-2.28%).

2024 Avg (January) 0.2325
2023 Avg (January) 0.2379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2353 0.2267 0.2325
February 0.2265 0.2213 0.2247
March 0.2212 0.2113 0.2165
April 0.2114 0.2050 0.2083
May 0.2047 0.1892 0.1972
June 0.1900 0.1835 0.1861
July 0.1830 0.1801 0.1815
August 0.1814 0.1782 0.1795
September 0.1793 0.1773 0.1783
October 0.1770 0.1717 0.1749
November 0.1827 0.1699 0.1747
December 0.1912 0.1823 0.1894