YEARLY HIGH
0.1532 GHS
YEARLY LOW
0.1111 GHS
YEARLY AVERAGE
0.1338 GHS

2024 RSD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.1532. Conversely, the yearly low was recorded on January 9, dropping to 0.1111.

This high-to-low spread represents a total annual volatility of 0.0422 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1121 to the December average rate of 0.1324, the exchange rate registered a net change of 18.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1532 was up 31.51% compared to the 2023 peak of 0.1165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 766 GHS
2023 Average 539 GHS
Yearly Trough Low 555 GHS
Transaction Impact: A difference of 210.91 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1528
0.1084
JanuMarcMayJulySeptNove

RSD 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 0.1232, compared to 0.1444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.1232
H2 Avg (Jul–Dec) 0.1444

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0146 GHS (High: 0.1532 / Low: 0.1386). On the other end, April was the most stable month, with a tight range of 0.0027 GHS (High: 0.1245 / Low: 0.1218).

November Spread (Volatile) ±0.0146
April Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0133 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1457) against the same month in 2023 (average: 0.1102), the exchange rate shifted by +0.0355 (+32.21%).

2024 Avg (November) 0.1457
2023 Avg (November) 0.1102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1143 0.1111 0.1121
February 0.1167 0.1135 0.1148
March 0.1222 0.1171 0.1200
April 0.1245 0.1218 0.1230
May 0.1369 0.1248 0.1311
June 0.1396 0.1364 0.1383
July 0.1441 0.1403 0.1430
August 0.1497 0.1433 0.1470
September 0.1506 0.1475 0.1490
October 0.1513 0.1480 0.1491
November 0.1532 0.1386 0.1457
December 0.1389 0.1300 0.1324