YEARLY HIGH
199.1520 KRW
YEARLY LOW
184.0515 KRW
YEARLY AVERAGE
193.2698 KRW

2021 GHS to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 199.1520. Conversely, the yearly low was recorded on January 2, dropping to 184.0515.

This high-to-low spread represents a total annual volatility of 15.1005 KRW. From a start-to-finish perspective, comparing the January average rate of 187.9000 to the December average rate of 192.8103, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 199.1520 was down 12.86% compared to the 2020 peak of 228.5543, 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 995,760 KRW
2020 Average 1,029,225 KRW
Yearly Trough Low 920,258 KRW
Transaction Impact: A difference of 75,502.29 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

197.6843
187.0105
JanuMarcMayJulySeptNove

GHS to KRW 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 192.9666, compared to 193.5730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6064 points.

H1 Avg (Jan–Jun) 192.9666
H2 Avg (Jul–Dec) 193.5730

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 7.9324 KRW (High: 191.9840 / Low: 184.0515). On the other end, July was the most stable month, with a tight range of 3.2180 KRW (High: 194.3426 / Low: 191.1247).

January Spread (Volatile) ±7.9324
July Spread (Stable) ±3.2180

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 March and April, when the average rate fell by 3.1386 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1386

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 196.7948) against the same month in 2020 (average: 217.9400), the exchange rate shifted by -21.1452 (-9.70%).

2021 Avg (March) 196.7948
2020 Avg (March) 217.9400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 191.9840 184.0515 187.9000
February 195.6877 189.9175 191.8992
March 199.1520 192.2395 196.7948
April 196.1357 191.8560 193.6562
May 197.0757 191.3425 194.3318
June 196.0708 191.1723 193.2174
July 194.3426 191.1247 192.8983
August 195.5208 190.3095 192.8270
September 197.4971 190.7694 194.4276
October 197.9454 191.3626 194.7325
November 196.3901 192.3451 193.7421
December 195.1226 190.0183 192.8103