YEARLY HIGH
107.2337 CRC
YEARLY LOW
101.9221 CRC
YEARLY AVERAGE
104.9204 CRC

2021 GHS to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 107.2337. Conversely, the yearly low was recorded on December 5, dropping to 101.9221.

This high-to-low spread represents a total annual volatility of 5.3116 CRC. From a start-to-finish perspective, comparing the January average rate of 104.5853 to the December average rate of 103.7588, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 107.2337 was down 0.09% compared to the 2020 peak of 107.3251, 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 536,168 CRC
2020 Average 509,679 CRC
Yearly Trough Low 509,611 CRC
Transaction Impact: A difference of 26,557.90 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

107.1831
102.7915
JanuMarcMayJulySeptNove

GHS to CRC 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 106.0457, compared to 103.7950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2507 points.

H1 Avg (Jan–Jun) 106.0457
H2 Avg (Jul–Dec) 103.7950

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.9105 CRC (High: 104.8326 / Low: 101.9221). On the other end, May was the most stable month, with a tight range of 0.7358 CRC (High: 107.2337 / Low: 106.4979).

December Spread (Volatile) ±2.9105
May Spread (Stable) ±0.7358

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 2.0731 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0731

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 106.8171) against the same month in 2020 (average: 98.4771), the exchange rate shifted by +8.3400 (+8.47%).

2021 Avg (May) 106.8171
2020 Avg (May) 98.4771

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 105.2058 103.4532 104.5853
February 106.4139 104.8826 105.6238
March 106.9504 105.9709 106.5065
April 106.9735 105.8113 106.2146
May 107.2337 106.4979 106.8171
June 107.1688 106.0154 106.5269
July 105.8884 103.6086 104.4538
August 104.1938 102.5120 103.1574
September 104.7406 102.9425 103.5278
October 104.6220 103.0779 103.4132
November 105.0679 102.3095 104.4591
December 104.8326 101.9221 103.7588