YEARLY HIGH
0.1831 GHS
YEARLY LOW
0.1292 GHS
YEARLY AVERAGE
0.1562 GHS

2024 RUB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.1831. Conversely, the yearly low was recorded on December 31, dropping to 0.1292.

This high-to-low spread represents a total annual volatility of 0.0539 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1348 to the December average rate of 0.1425, the exchange rate registered a net change of 5.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1831 was up 0.59% compared to the 2023 peak of 0.1821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 916 GHS
2023 Average 692 GHS
Yearly Trough Low 646 GHS
Transaction Impact: A difference of 269.54 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1809
0.1307
JanuMarcMayJulySeptNove

RUB 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 0.1471, compared to 0.1654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.1471
H2 Avg (Jul–Dec) 0.1654

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0312 GHS (High: 0.1703 / Low: 0.1391). On the other end, April was the most stable month, with a tight range of 0.0047 GHS (High: 0.1473 / Low: 0.1427).

November Spread (Volatile) ±0.0312
April Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and July, 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 November and December, when the average rate fell by 0.0167 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1754) against the same month in 2023 (average: 0.1177), the exchange rate shifted by +0.0577 (+49.00%).

2024 Avg (August) 0.1754
2023 Avg (August) 0.1177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1383 0.1298 0.1348
February 0.1387 0.1306 0.1357
March 0.1431 0.1380 0.1408
April 0.1473 0.1427 0.1445
May 0.1656 0.1465 0.1560
June 0.1809 0.1630 0.1707
July 0.1824 0.1731 0.1767
August 0.1831 0.1698 0.1754
September 0.1785 0.1672 0.1720
October 0.1687 0.1637 0.1663
November 0.1703 0.1391 0.1592
December 0.1503 0.1292 0.1425