YEARLY HIGH
2534.0292 IDR
YEARLY LOW
2293.6974 IDR
YEARLY AVERAGE
2416.8906 IDR

2021 GHS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 2534.0292. Conversely, the yearly low was recorded on December 23, dropping to 2293.6974.

This high-to-low spread represents a total annual volatility of 240.3318 IDR. From a start-to-finish perspective, comparing the January average rate of 2402.1421 to the December average rate of 2331.9584, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2534.0292 was down 16.17% compared to the 2020 peak of 3022.8008, 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 12,670,146 IDR
2020 Average 12,684,426 IDR
Yearly Trough Low 11,468,487 IDR
Transaction Impact: A difference of 1,201,658.92 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2535.3361
2313.4695
JanuMarcMayJulySeptNove

GHS to IDR 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 2466.8916, compared to 2366.8896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 100.0021 points.

H1 Avg (Jan–Jun) 2466.8916
H2 Avg (Jul–Dec) 2366.8896

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 94.2857 IDR (High: 2493.8743 / Low: 2399.5886). On the other end, March was the most stable month, with a tight range of 37.2713 IDR (High: 2519.8387 / Low: 2482.5674).

February Spread (Volatile) ±94.2857
March Spread (Stable) ±37.2713

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 54.2602 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -54.2602

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2516.8472) against the same month in 2020 (average: 2727.6833), the exchange rate shifted by -210.8361 (-7.73%).

2021 Avg (April) 2516.8472
2020 Avg (April) 2727.6833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2419.0304 2362.1578 2402.1421
February 2493.8743 2399.5886 2425.8351
March 2519.8387 2482.5674 2506.1023
April 2534.0292 2496.5774 2516.8472
May 2508.1794 2449.1334 2479.5672
June 2502.5043 2443.9827 2470.8556
July 2495.6277 2413.7804 2444.3625
August 2421.0378 2359.5636 2390.1024
September 2396.0736 2348.8575 2363.7185
October 2365.5093 2317.4758 2337.8888
November 2358.7932 2311.9684 2333.3068
December 2377.4141 2293.6974 2331.9584