2024 GHS to XCD Historical Review

YEARLY HIGH

0.2271 XCD

YEARLY LOW

0.1640 XCD

YEARLY AVERAGE

0.1885 XCD

2024 GHS to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2271. Conversely, the yearly low was recorded on November 10, dropping to 0.1640.

This high-to-low spread represents a total annual volatility of 0.0630 XCD. From a start-to-finish perspective, comparing the January average rate of 0.2244 to the December average rate of 0.1828, 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 0.2271 was down 29.87% compared to the 2023 peak of 0.3238, 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 1,135 XCD

2023 Average 1,159 XCD

Yearly Trough Low 820 XCD

Transaction Impact: A difference of 315.19 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2300

0.1630

JanuMarcMayJulySeptNove

GHS to XCD 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 0.2035, compared to 0.1735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0301 points.

H1 Avg (Jan–Jun) 0.2035

H2 Avg (Jul–Dec) 0.1735

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0149 XCD (High: 0.1975 / Low: 0.1826). On the other end, September was the most stable month, with a tight range of 0.0019 XCD (High: 0.1730 / Low: 0.1711).

May Spread (Volatile) ±0.0149

September Spread (Stable) ±0.0019

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 0.0107 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2244) against the same month in 2023 (average: 0.2383), the exchange rate shifted by -0.0140 (-5.85%).

2024 Avg (January) 0.2244

2023 Avg (January) 0.2383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2271	0.2188	0.2244
February	0.2187	0.2136	0.2169
March	0.2135	0.2040	0.2089
April	0.2040	0.1978	0.2011
May	0.1975	0.1826	0.1903
June	0.1834	0.1771	0.1797
July	0.1766	0.1738	0.1752
August	0.1751	0.1720	0.1732
September	0.1730	0.1711	0.1721
October	0.1709	0.1657	0.1688
November	0.1764	0.1640	0.1686
December	0.1846	0.1760	0.1828