YEARLY HIGH
0.0761 GHS
YEARLY LOW
0.0522 GHS
YEARLY AVERAGE
0.0714 GHS

2021 AFN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0761. Conversely, the yearly low was recorded on December 15, dropping to 0.0522.

This high-to-low spread represents a total annual volatility of 0.0239 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0757 to the December average rate of 0.0604, the exchange rate registered a net change of -20.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0761 was down 2.08% compared to the 2020 peak of 0.0777, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 380 GHS
2020 Average 373 GHS
Yearly Trough Low 261 GHS
Transaction Impact: A difference of 119.55 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0772
0.0589
JanuMarcMayJulySeptNove

AFN 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 0.0745, compared to 0.0684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0745
H2 Avg (Jul–Dec) 0.0684

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0120 GHS (High: 0.0642 / Low: 0.0522). On the other end, June was the most stable month, with a tight range of 0.0008 GHS (High: 0.0743 / Low: 0.0735).

December Spread (Volatile) ±0.0120
June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0056 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0757) against the same month in 2020 (average: 0.0732), the exchange rate shifted by +0.0025 (+3.41%).

2021 Avg (January) 0.0757
2020 Avg (January) 0.0732

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0761 0.0745 0.0757
February 0.0755 0.0734 0.0749
March 0.0748 0.0736 0.0741
April 0.0747 0.0737 0.0743
May 0.0746 0.0735 0.0742
June 0.0743 0.0735 0.0739
July 0.0752 0.0724 0.0742
August 0.0752 0.0697 0.0725
September 0.0713 0.0681 0.0696
October 0.0679 0.0667 0.0674
November 0.0676 0.0638 0.0660
December 0.0642 0.0522 0.0604