2021 GHS to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GHS to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GHS to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 96.8935. Conversely, the yearly low was recorded on January 6, dropping to 90.6687.
This high-to-low spread represents a total annual volatility of 6.2247 XAF. From a start-to-finish perspective, comparing the January average rate of 92.1111 to the December average rate of 94.4535, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 96.8935 was down 15.16% compared to the 2020 peak of 114.2084, 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 XAF 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 93.9935, compared to 93.3349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6587 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 3.2200 XAF (High: 96.7704 / Low: 93.5503). On the other end, February was the most stable month, with a tight range of 1.4565 XAF (High: 94.5255 / Low: 93.0690).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.3753 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 95.9884) against the same month in 2020 (average: 106.1803), the exchange rate shifted by -10.1919 (-9.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 93.1422 | 90.6687 | 92.1111 |
| February | 94.5255 | 93.0690 | 93.5989 |
| March | 96.8935 | 94.5134 | 95.9884 |
| April | 96.7704 | 93.5503 | 94.9236 |
| May | 94.5854 | 92.5740 | 93.5482 |
| June | 95.4957 | 92.5473 | 93.7910 |
| July | 94.5767 | 92.2279 | 93.4675 |
| August | 93.9444 | 91.9546 | 92.5991 |
| September | 93.6956 | 91.0962 | 92.3726 |
| October | 93.8441 | 92.1136 | 93.1752 |
| November | 95.4642 | 92.5524 | 93.9412 |
| December | 95.8594 | 93.6972 | 94.4535 |