YEARLY HIGH
0.7689 GHS
YEARLY LOW
0.7159 GHS
YEARLY AVERAGE
0.7398 GHS

2021 MOP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.7689. Conversely, the yearly low was recorded on March 8, dropping to 0.7159.

This high-to-low spread represents a total annual volatility of 0.0531 GHS. From a start-to-finish perspective, comparing the January average rate of 0.7327 to the December average rate of 0.7646, the exchange rate registered a net change of 4.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7689 was up 2.82% compared to the 2020 peak of 0.7479, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MOP based on timing:

Yearly Peak High 3,845 GHS
2020 Average 3,590 GHS
Yearly Trough Low 3,579 GHS
Transaction Impact: A difference of 265.47 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7692
0.7136
JanuMarcMayJulySeptNove

MOP to GHS 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 0.7245, compared to 0.7551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0305 points.

H1 Avg (Jan–Jun) 0.7245
H2 Avg (Jul–Dec) 0.7551

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0150 GHS (High: 0.7470 / Low: 0.7319). On the other end, April was the most stable month, with a tight range of 0.0041 GHS (High: 0.7237 / Low: 0.7196).

July Spread (Volatile) ±0.0150
April Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0074 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7646) against the same month in 2020 (average: 0.7349), the exchange rate shifted by +0.0297 (+4.04%).

2021 Avg (December) 0.7646
2020 Avg (December) 0.7349

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7389 0.7300 0.7327
February 0.7303 0.7198 0.7256
March 0.7222 0.7159 0.7182
April 0.7237 0.7196 0.7220
May 0.7249 0.7204 0.7219
June 0.7313 0.7235 0.7269
July 0.7470 0.7319 0.7417
August 0.7542 0.7423 0.7507
September 0.7570 0.7441 0.7528
October 0.7623 0.7537 0.7577
November 0.7656 0.7584 0.7630
December 0.7689 0.7574 0.7646