YEARLY HIGH
17.3854 RSD
YEARLY LOW
16.2522 RSD
YEARLY AVERAGE
16.7900 RSD

2021 GHS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 17.3854. Conversely, the yearly low was recorded on January 6, dropping to 16.2522.

This high-to-low spread represents a total annual volatility of 1.1331 RSD. From a start-to-finish perspective, comparing the January average rate of 16.5354 to the December average rate of 16.9328, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 17.3854 was down 15.08% compared to the 2020 peak of 20.4720, 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 86,927 RSD
2020 Average 90,035 RSD
Yearly Trough Low 81,261 RSD
Transaction Impact: A difference of 5,665.67 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

17.2699
16.4687
JanuMarcMayJulySeptNove

GHS to RSD 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 16.8546, compared to 16.7255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1291 points.

H1 Avg (Jan–Jun) 16.8546
H2 Avg (Jul–Dec) 16.7255

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.5545 RSD (High: 17.3540 / Low: 16.7995). On the other end, February was the most stable month, with a tight range of 0.2567 RSD (High: 16.8857 / Low: 16.6290).

April Spread (Volatile) ±0.5545
February Spread (Stable) ±0.2567

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.2644 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 17.2032) against the same month in 2020 (average: 19.0581), the exchange rate shifted by -1.8549 (-9.73%).

2021 Avg (March) 17.2032
2020 Avg (March) 19.0581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.7114 16.2522 16.5354
February 16.8857 16.6290 16.7832
March 17.3854 17.0102 17.2032
April 17.3540 16.7995 17.0395
May 16.9526 16.5902 16.7751
June 17.0179 16.5708 16.7911
July 16.8754 16.5655 16.7482
August 16.8130 16.4374 16.5958
September 16.7962 16.3429 16.5463
October 16.8223 16.5530 16.6880
November 17.1116 16.5949 16.8418
December 17.1895 16.7943 16.9328