YEARLY HIGH
0.1746 BMD
YEARLY LOW
0.1616 BMD
YEARLY AVERAGE
0.1689 BMD

2021 GHS to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.1746. Conversely, the yearly low was recorded on December 9, dropping to 0.1616.

This high-to-low spread represents a total annual volatility of 0.0130 BMD. From a start-to-finish perspective, comparing the January average rate of 0.1708 to the December average rate of 0.1628, the exchange rate registered a net change of -4.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1746 was down 7.09% compared to the 2020 peak of 0.1880, 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 873 BMD
2020 Average 872 BMD
Yearly Trough Low 808 BMD
Transaction Impact: A difference of 65.10 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1752
0.1617
JanuMarcMayJulySeptNove

GHS to BMD 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: JanтАУJun) was 0.1727, compared to 0.1652 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0074 points.

H1 Avg (JanтАУJun) 0.1727
H2 Avg (JulтАУDec) 0.1652

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0036 BMD (High: 0.1708 / Low: 0.1672). On the other end, April was the most stable month, with a tight range of 0.0010 BMD (High: 0.1736 / Low: 0.1726).

July Spread (Volatile) ┬▒0.0036
April Spread (Stable) ┬▒0.0010

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 June and July, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.1741) against the same month in 2020 (average: 0.1792), the exchange rate shifted by -0.0051 (-2.86%).

2021 Avg (March) 0.1741
2020 Avg (March) 0.1792

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.1717 0.1695 0.1708
February 0.1740 0.1716 0.1726
March 0.1746 0.1730 0.1741
April 0.1736 0.1726 0.1731
May 0.1744 0.1725 0.1732
June 0.1730 0.1709 0.1721
July 0.1708 0.1672 0.1685
August 0.1681 0.1653 0.1661
September 0.1678 0.1650 0.1658
October 0.1654 0.1638 0.1647
November 0.1645 0.1626 0.1633
December 0.1645 0.1616 0.1628