YEARLY HIGH
0.0274 GHS
YEARLY LOW
0.0198 GHS
YEARLY AVERAGE
0.0242 GHS

2024 SDG to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0274. Conversely, the yearly low was recorded on January 6, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0076 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0200 to the December average rate of 0.0246, the exchange rate registered a net change of 22.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0274 was up 24.78% compared to the 2023 peak of 0.0220, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 137 GHS
2023 Average 98 GHS
Yearly Trough Low 99 GHS
Transaction Impact: A difference of 37.94 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0273
0.0194
JanuMarcMayJulySeptNove

SDG 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 0.0224, compared to 0.0260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0224
H2 Avg (Jul–Dec) 0.0260

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0019 GHS (High: 0.0274 / Low: 0.0255). On the other end, September was the most stable month, with a tight range of 0.0003 GHS (High: 0.0263 / Low: 0.0260).

November Spread (Volatile) ±0.0019
September Spread (Stable) ±0.0003

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 0.0021 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0267) against the same month in 2023 (average: 0.0200), the exchange rate shifted by +0.0067 (+33.61%).

2024 Avg (November) 0.0267
2023 Avg (November) 0.0200

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0206 0.0198 0.0200
February 0.0211 0.0206 0.0207
March 0.0223 0.0211 0.0218
April 0.0233 0.0221 0.0229
May 0.0246 0.0228 0.0237
June 0.0257 0.0245 0.0253
July 0.0265 0.0255 0.0259
August 0.0261 0.0257 0.0259
September 0.0263 0.0260 0.0261
October 0.0271 0.0263 0.0266
November 0.0274 0.0255 0.0267
December 0.0255 0.0243 0.0246