YEARLY HIGH
20.4340 GHS
YEARLY LOW
18.9167 GHS
YEARLY AVERAGE
19.6298 GHS

2021 KWD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 20.4340. Conversely, the yearly low was recorded on March 8, dropping to 18.9167.

This high-to-low spread represents a total annual volatility of 1.5172 GHS. From a start-to-finish perspective, comparing the January average rate of 19.3042 to the December average rate of 20.2892, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 20.4340 was up 4.50% compared to the 2020 peak of 19.5545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,170 GHS
2020 Average 93,472 GHS
Yearly Trough Low 94,584 GHS
Transaction Impact: A difference of 7,586.10 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20.4188
18.8635
JanuMarcMayJulySeptNove

KWD 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 19.1830, compared to 20.0765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8935 points.

H1 Avg (Jan–Jun) 19.1830
H2 Avg (Jul–Dec) 20.0765

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.4596 GHS (High: 19.8947 / Low: 19.4350). On the other end, May was the most stable month, with a tight range of 0.1601 GHS (High: 19.2690 / Low: 19.1090).

July Spread (Volatile) ±0.4596
May Spread (Stable) ±0.1601

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1588 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.1588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 20.2892) against the same month in 2020 (average: 19.2483), the exchange rate shifted by +1.0409 (+5.41%).

2021 Avg (December) 20.2892
2020 Avg (December) 19.2483

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.3956 19.2198 19.3042
February 19.2478 18.9822 19.1454
March 19.1284 18.9167 18.9931
April 19.2316 19.0630 19.1608
May 19.2690 19.1090 19.1860
June 19.4450 19.2155 19.3085
July 19.8947 19.4350 19.7216
August 20.0890 19.7768 20.0111
September 20.1687 19.8150 20.0543
October 20.2403 20.0477 20.1277
November 20.3127 20.1407 20.2553
December 20.4340 20.0870 20.2892