YEARLY HIGH
3.1283 MDL
YEARLY LOW
2.8442 MDL
YEARLY AVERAGE
2.9805 MDL

2021 GHS to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 3.1283. Conversely, the yearly low was recorded on October 19, dropping to 2.8442.

This high-to-low spread represents a total annual volatility of 0.2840 MDL. From a start-to-finish perspective, comparing the January average rate of 2.9467 to the December average rate of 2.8867, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.1283 was down 6.35% compared to the 2020 peak of 3.3404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,641 MDL
2020 Average 15,043 MDL
Yearly Trough Low 14,221 MDL
Transaction Impact: A difference of 1,420.24 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.1200
2.8443
JanuMarcMayJulySeptNove

GHS to MDL 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 3.0420, compared to 2.9190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1231 points.

H1 Avg (Jan–Jun) 3.0420
H2 Avg (Jul–Dec) 2.9190

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0977 MDL (High: 3.0785 / Low: 2.9808). On the other end, November was the most stable month, with a tight range of 0.0365 MDL (High: 2.8945 / Low: 2.8580).

July Spread (Volatile) ±0.0977
November Spread (Stable) ±0.0365

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0952 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 3.0970) against the same month in 2020 (average: 3.1386), the exchange rate shifted by -0.0415 (-1.32%).

2021 Avg (April) 3.0970
2020 Avg (April) 3.1386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9915 2.9136 2.9467
February 3.0384 2.9613 3.0050
March 3.1163 3.0469 3.0819
April 3.1283 3.0633 3.0970
May 3.0898 3.0387 3.0644
June 3.0979 3.0290 3.0572
July 3.0785 2.9808 3.0316
August 2.9876 2.9001 2.9364
September 2.9432 2.8866 2.9162
October 2.9005 2.8442 2.8673
November 2.8945 2.8580 2.8757
December 2.9135 2.8581 2.8867