YEARLY HIGH
2.7000 MVR
YEARLY LOW
2.4951 MVR
YEARLY AVERAGE
2.6070 MVR

2021 GHS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 2.7000. Conversely, the yearly low was recorded on December 30, dropping to 2.4951.

This high-to-low spread represents a total annual volatility of 0.2048 MVR. From a start-to-finish perspective, comparing the January average rate of 2.6318 to the December average rate of 2.5134, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7000 was down 6.99% compared to the 2020 peak of 2.9028, 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 13,500 MVR
2020 Average 13,459 MVR
Yearly Trough Low 12,476 MVR
Transaction Impact: A difference of 1,024.20 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.7055
2.4960
JanuMarcMayJulySeptNove

GHS to MVR 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 2.6636, compared to 2.5504 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1132 points.

H1 Avg (JanтАУJun) 2.6636
H2 Avg (JulтАУDec) 2.5504

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0514 MVR (High: 2.6739 / Low: 2.6225). On the other end, April was the most stable month, with a tight range of 0.0184 MVR (High: 2.6839 / Low: 2.6655).

June Spread (Volatile) ┬▒0.0514
April Spread (Stable) ┬▒0.0184

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 0.0608 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.6880) against the same month in 2020 (average: 2.7689), the exchange rate shifted by -0.0809 (-2.92%).

2021 Avg (March) 2.6880
2020 Avg (March) 2.7689

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Month High Low Average
January 2.6434 2.6106 2.6318
February 2.6802 2.6420 2.6587
March 2.7000 2.6730 2.6880
April 2.6839 2.6655 2.6746
May 2.6882 2.6548 2.6705
June 2.6739 2.6225 2.6577
July 2.6302 2.5794 2.5969
August 2.5988 2.5493 2.5674
September 2.5926 2.5454 2.5586
October 2.5544 2.5312 2.5441
November 2.5420 2.5086 2.5220
December 2.5408 2.4951 2.5134