YEARLY HIGH
1775.9568 GNF
YEARLY LOW
1507.5233 GNF
YEARLY AVERAGE
1663.4764 GNF

2021 GHS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1775.9568. Conversely, the yearly low was recorded on December 21, dropping to 1507.5233.

This high-to-low spread represents a total annual volatility of 268.4334 GNF. From a start-to-finish perspective, comparing the January average rate of 1743.6438 to the December average rate of 1532.4191, the exchange rate registered a net change of -12.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1775.9568 was down 0.44% compared to the 2020 peak of 1783.7220, 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 8,879,784 GNF
2020 Average 8,391,294 GNF
Yearly Trough Low 7,537,617 GNF
Transaction Impact: A difference of 1,342,167.16 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1777.5818
1510.1316
JanuMarcMayJulySeptNove

GHS to GNF 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 1729.2939, compared to 1597.6590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 131.6349 points.

H1 Avg (Jan–Jun) 1729.2939
H2 Avg (Jul–Dec) 1597.6590

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 67.6497 GNF (High: 1763.1420 / Low: 1695.4923). On the other end, June was the most stable month, with a tight range of 17.9563 GNF (High: 1696.9599 / Low: 1679.0036).

January Spread (Volatile) ±67.6497
June Spread (Stable) ±17.9563

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 43.3593 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -43.3593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1755.2943) against the same month in 2020 (average: 1760.7630), the exchange rate shifted by -5.4687 (-0.31%).

2021 Avg (February) 1755.2943
2020 Avg (February) 1760.7630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1763.1420 1695.4923 1743.6438
February 1775.9568 1731.7283 1755.2943
March 1765.8453 1735.6311 1753.2171
April 1733.8215 1711.7545 1725.4709
May 1719.2374 1692.5449 1708.7636
June 1696.9599 1679.0036 1689.3736
July 1677.2746 1633.2662 1652.7417
August 1639.8531 1619.3259 1624.7909
September 1642.3925 1613.7531 1620.6433
October 1614.8760 1580.0682 1599.3591
November 1583.3433 1528.4553 1555.9998
December 1557.4651 1507.5233 1532.4191