YEARLY HIGH
1.4787 GHS
YEARLY LOW
1.3842 GHS
YEARLY AVERAGE
1.4294 GHS

2021 MYR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.4787. Conversely, the yearly low was recorded on March 27, dropping to 1.3842.

This high-to-low spread represents a total annual volatility of 0.0945 GHS. From a start-to-finish perspective, comparing the January average rate of 1.4493 to the December average rate of 1.4585, the exchange rate registered a net change of 0.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4787 was up 0.82% compared to the 2020 peak of 1.4667, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 29,574 GHS
2020 Average 27,314 GHS
Yearly Trough Low 27,684 GHS
Transaction Impact: A difference of 1,889.22 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4716
1.3904
JanuMarcMayJulySeptNove

MYR 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: JanтАУJun) was 1.4141, compared to 1.4448 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0307 points.

H1 Avg (JanтАУJun) 1.4141
H2 Avg (JulтАУDec) 1.4448

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0462 GHS (High: 1.4530 / Low: 1.4068). On the other end, June was the most stable month, with a tight range of 0.0182 GHS (High: 1.4167 / Low: 1.3986).

August Spread (Volatile) ┬▒0.0462
June Spread (Stable) ┬▒0.0182

Growth Streaks & Declines

Trends

Between May and November, 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 February and March, when the average rate fell by 0.0345 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.4585) against the same month in 2020 (average: 1.4467), the exchange rate shifted by +0.0118 (+0.82%).

2021 Avg (December) 1.4585
2020 Avg (December) 1.4467

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 1.4665 1.4403 1.4493
February 1.4419 1.4178 1.4317
March 1.4150 1.3842 1.3972
April 1.4125 1.3914 1.4011
May 1.4152 1.3916 1.3992
June 1.4167 1.3986 1.4059
July 1.4260 1.4032 1.4124
August 1.4530 1.4068 1.4264
September 1.4611 1.4344 1.4483
October 1.4723 1.4451 1.4582
November 1.4744 1.4484 1.4648
December 1.4787 1.4420 1.4585