2021 NPR to GHS Historical Review

YEARLY HIGH

0.0519 GHS

YEARLY LOW

0.0479 GHS

YEARLY AVERAGE

0.0501 GHS

2021 NPR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.0519. Conversely, the yearly low was recorded on April 13, dropping to 0.0479.

This high-to-low spread represents a total annual volatility of 0.0040 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0500 to the December average rate of 0.0510, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0519 was up 2.74% compared to the 2020 peak of 0.0505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 259 GHS

2020 Average 242 GHS

Yearly Trough Low 240 GHS

Transaction Impact: A difference of 19.81 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0517

0.0483

JanuMarcMayJulySeptNove

NPR 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 0.0494, compared to 0.0508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0494

H2 Avg (Jul–Dec) 0.0508

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0017 GHS (High: 0.0518 / Low: 0.0501). On the other end, January was the most stable month, with a tight range of 0.0005 GHS (High: 0.0503 / Low: 0.0497).

December Spread (Volatile) ±0.0017

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.0513) against the same month in 2020 (average: 0.0493), the exchange rate shifted by +0.0020 (+4.09%).

2021 Avg (September) 0.0513

2020 Avg (September) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0503	0.0497	0.0500
February	0.0500	0.0491	0.0498
March	0.0497	0.0488	0.0494
April	0.0495	0.0479	0.0486
May	0.0499	0.0486	0.0493
June	0.0499	0.0489	0.0494
July	0.0503	0.0492	0.0498
August	0.0518	0.0501	0.0507
September	0.0519	0.0507	0.0513
October	0.0510	0.0502	0.0507
November	0.0517	0.0507	0.0514
December	0.0518	0.0501	0.0510