2024 GHS to XDR Historical Review

YEARLY HIGH

0.0629 XDR

YEARLY LOW

0.0457 XDR

YEARLY AVERAGE

0.0525 XDR

2024 GHS to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0629. Conversely, the yearly low was recorded on November 5, dropping to 0.0457.

This high-to-low spread represents a total annual volatility of 0.0172 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0622 to the December average rate of 0.0516, the exchange rate registered a net change of -17.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0629 was down 30.15% compared to the 2023 peak of 0.0900, 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 314 XDR

2023 Average 321 XDR

Yearly Trough Low 228 XDR

Transaction Impact: A difference of 85.99 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0637

0.0451

JanuMarcMayJulySeptNove

GHS to XDR 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 0.0568, compared to 0.0483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.0568

H2 Avg (Jul–Dec) 0.0483

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0044 XDR (High: 0.0554 / Low: 0.0510). On the other end, September was the most stable month, with a tight range of 0.0007 XDR (High: 0.0475 / Low: 0.0468).

May Spread (Volatile) ±0.0044

September Spread (Stable) ±0.0007

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 April and May, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0622) against the same month in 2023 (average: 0.0657), the exchange rate shifted by -0.0035 (-5.33%).

2024 Avg (January) 0.0622

2023 Avg (January) 0.0657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0629	0.0608	0.0622
February	0.0611	0.0596	0.0605
March	0.0595	0.0570	0.0581
April	0.0570	0.0556	0.0563
May	0.0554	0.0510	0.0533
June	0.0512	0.0498	0.0504
July	0.0497	0.0485	0.0490
August	0.0485	0.0473	0.0480
September	0.0475	0.0468	0.0472
October	0.0470	0.0461	0.0466
November	0.0498	0.0457	0.0472
December	0.0522	0.0497	0.0516