2024 GYD to GHS Historical Review

YEARLY HIGH

0.0784 GHS

YEARLY LOW

0.0569 GHS

YEARLY AVERAGE

0.0692 GHS

2024 GYD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0784. Conversely, the yearly low was recorded on January 6, dropping to 0.0569.

This high-to-low spread represents a total annual volatility of 0.0215 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0576 to the December average rate of 0.0707, the exchange rate registered a net change of 22.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0784 was up 28.27% compared to the 2023 peak of 0.0611, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 392 GHS

2023 Average 278 GHS

Yearly Trough Low 284 GHS

Transaction Impact: A difference of 107.62 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0786

0.0556

JanuMarcMayJulySeptNove

GYD 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 0.0638, compared to 0.0745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.0638

H2 Avg (Jul–Dec) 0.0745

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0053 GHS (High: 0.0707 / Low: 0.0654). On the other end, August was the most stable month, with a tight range of 0.0006 GHS (High: 0.0749 / Low: 0.0743).

May Spread (Volatile) ±0.0053

August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0060 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0767) against the same month in 2023 (average: 0.0571), the exchange rate shifted by +0.0195 (+34.22%).

2024 Avg (November) 0.0767

2023 Avg (November) 0.0571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0591	0.0569	0.0576
February	0.0604	0.0590	0.0595
March	0.0633	0.0602	0.0618
April	0.0652	0.0633	0.0642
May	0.0707	0.0654	0.0679
June	0.0729	0.0705	0.0719
July	0.0743	0.0731	0.0738
August	0.0749	0.0743	0.0746
September	0.0755	0.0748	0.0750
October	0.0779	0.0756	0.0765
November	0.0784	0.0734	0.0767
December	0.0735	0.0700	0.0707