2024 SOS to GHS Historical Review

YEARLY HIGH

0.0287 GHS

YEARLY LOW

0.0208 GHS

YEARLY AVERAGE

0.0253 GHS

2024 SOS to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.0287. Conversely, the yearly low was recorded on January 9, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0079 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0211 to the December average rate of 0.0259, the exchange rate registered a net change of 22.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0287 was up 26.68% compared to the 2023 peak of 0.0227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144 GHS

2023 Average 103 GHS

Yearly Trough Low 104 GHS

Transaction Impact: A difference of 39.49 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0288

0.0204

JanuMarcMayJulySeptNove

SOS 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 0.0234, compared to 0.0273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0234

H2 Avg (Jul–Dec) 0.0273

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0019 GHS (High: 0.0259 / Low: 0.0240). On the other end, September was the most stable month, with a tight range of 0.0003 GHS (High: 0.0276 / Low: 0.0274).

May Spread (Volatile) ±0.0019

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0022 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0281) against the same month in 2023 (average: 0.0209), the exchange rate shifted by +0.0071 (+34.03%).

2024 Avg (November) 0.0281

2023 Avg (November) 0.0209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0216	0.0208	0.0211
February	0.0221	0.0215	0.0218
March	0.0232	0.0221	0.0226
April	0.0239	0.0232	0.0235
May	0.0259	0.0240	0.0249
June	0.0267	0.0258	0.0263
July	0.0272	0.0268	0.0270
August	0.0276	0.0272	0.0273
September	0.0276	0.0274	0.0275
October	0.0285	0.0277	0.0280
November	0.0287	0.0269	0.0281
December	0.0269	0.0256	0.0259