2021 NGN to GHS Historical Review

YEARLY HIGH

0.0154 GHS

YEARLY LOW

0.0140 GHS

YEARLY AVERAGE

0.0147 GHS

2021 NGN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.0154. Conversely, the yearly low was recorded on May 16, dropping to 0.0140.

This high-to-low spread represents a total annual volatility of 0.0014 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0149, the exchange rate registered a net change of -1.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0154 was down 2.63% compared to the 2020 peak of 0.0158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 15,399 GHS

2020 Average 15,083 GHS

Yearly Trough Low 13,958 GHS

Transaction Impact: A difference of 1,440.67 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0152

0.0140

JanuMarcMayJulySeptNove

NGN 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 0.0147, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0147

H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0013 GHS (High: 0.0153 / Low: 0.0140). On the other end, October was the most stable month, with a tight range of 0.0002 GHS (High: 0.0149 / Low: 0.0147).

February Spread (Volatile) ±0.0013

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0151) against the same month in 2020 (average: 0.0156), the exchange rate shifted by -0.0005 (-3.26%).

2021 Avg (January) 0.0151

2020 Avg (January) 0.0156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0154	0.0148	0.0151
February	0.0153	0.0140	0.0149
March	0.0151	0.0140	0.0148
April	0.0152	0.0141	0.0148
May	0.0152	0.0140	0.0143
June	0.0143	0.0140	0.0141
July	0.0145	0.0142	0.0144
August	0.0147	0.0145	0.0146
September	0.0147	0.0145	0.0147
October	0.0149	0.0147	0.0148
November	0.0150	0.0147	0.0149
December	0.0150	0.0148	0.0149

૨૦૨૫ NGN થી GHS ઐતિહાસિક સમીક્ષા