YEARLY HIGH
2.7100 SZL
YEARLY LOW
2.3240 SZL
YEARLY AVERAGE
2.4947 SZL

2021 GHS to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.7100. Conversely, the yearly low was recorded on June 7, dropping to 2.3240.

This high-to-low spread represents a total annual volatility of 0.3860 SZL. From a start-to-finish perspective, comparing the January average rate of 2.5792 to the December average rate of 2.5845, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7100 was down 18.30% compared to the 2020 peak of 3.3170, 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 13,550 SZL
2020 Average 14,348 SZL
Yearly Trough Low 11,620 SZL
Transaction Impact: A difference of 1,930.08 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6318
2.3620
JanuMarcMayJulySeptNove

GHS to SZL 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 2.5099, compared to 2.4795 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0304 points.

H1 Avg (JanтАУJun) 2.5099
H2 Avg (JulтАУDec) 2.4795

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1808 SZL (High: 2.6321 / Low: 2.4513). On the other end, April was the most stable month, with a tight range of 0.0950 SZL (High: 2.5512 / Low: 2.4562).

November Spread (Volatile) ┬▒0.1808
April Spread (Stable) ┬▒0.0950

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1093 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.6093) against the same month in 2020 (average: 2.9792), the exchange rate shifted by -0.3699 (-12.41%).

2021 Avg (March) 2.6093
2020 Avg (March) 2.9792

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Month High Low Average
January 2.6407 2.4855 2.5792
February 2.6075 2.4905 2.5492
March 2.7100 2.5605 2.6093
April 2.5512 2.4562 2.5000
May 2.5048 2.3765 2.4371
June 2.4532 2.3240 2.3845
July 2.5022 2.4064 2.4411
August 2.5474 2.3937 2.4604
September 2.5081 2.3336 2.4103
October 2.5008 2.3836 2.4495
November 2.6321 2.4513 2.5312
December 2.6367 2.5248 2.5845