YEARLY HIGH
2.7143 TRY
YEARLY LOW
1.2007 TRY
YEARLY AVERAGE
1.4953 TRY

2021 GHS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.7143. Conversely, the yearly low was recorded on February 15, dropping to 1.2007.

This high-to-low spread represents a total annual volatility of 1.5136 TRY. From a start-to-finish perspective, comparing the January average rate of 1.2643 to the December average rate of 2.1915, the exchange rate registered a net change of 73.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7143 was up 85.62% compared to the 2020 peak of 1.4623, 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 13,571 TRY
2020 Average 6,116 TRY
Yearly Trough Low 6,004 TRY
Transaction Impact: A difference of 7,567.81 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2881
1.1295
JanuMarcMayJulySeptNove

GHS to TRY 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 1.3644, compared to 1.6261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2618 points.

H1 Avg (Jan–Jun) 1.3644
H2 Avg (Jul–Dec) 1.6261

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.9752 TRY (High: 2.7143 / Low: 1.7391). On the other end, January was the most stable month, with a tight range of 0.0379 TRY (High: 1.2839 / Low: 1.2460).

December Spread (Volatile) ±0.9752
January Spread (Stable) ±0.0379

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0397 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.1915) against the same month in 2020 (average: 1.3126), the exchange rate shifted by +0.8789 (+66.96%).

2021 Avg (December) 2.1915
2020 Avg (December) 1.3126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2839 1.2460 1.2643
February 1.2917 1.2007 1.2260
March 1.4411 1.2566 1.3399
April 1.4599 1.3896 1.4164
May 1.4844 1.4276 1.4533
June 1.5106 1.4410 1.4863
July 1.4842 1.4141 1.4486
August 1.4547 1.3773 1.4089
September 1.4788 1.3672 1.4209
October 1.5983 1.4635 1.5222
November 2.2017 1.5705 1.7648
December 2.7143 1.7391 2.1915