YEARLY HIGH
3.7014 GHS
YEARLY LOW
3.4562 GHS
YEARLY AVERAGE
3.5817 GHS

2021 BAM to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 3.7014. Conversely, the yearly low was recorded on March 27, dropping to 3.4562.

This high-to-low spread represents a total annual volatility of 0.2452 GHS. From a start-to-finish perspective, comparing the January average rate of 3.6432 to the December average rate of 3.5501, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.7014 was up 0.11% compared to the 2020 peak of 3.6973, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,507 GHS
2020 Average 16,740 GHS
Yearly Trough Low 17,281 GHS
Transaction Impact: A difference of 1,225.95 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.6581
3.4793
JanuMarcMayJulySeptNove

BAM 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 3.5686, compared to 3.5949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 3.5686
H2 Avg (Jul–Dec) 3.5949

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1150 GHS (High: 3.5792 / Low: 3.4642). On the other end, February was the most stable month, with a tight range of 0.0553 GHS (High: 3.6146 / Low: 3.5594).

April Spread (Volatile) ±0.1150
February Spread (Stable) ±0.0553

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.0876 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3.6432) against the same month in 2020 (average: 3.2090), the exchange rate shifted by +0.4342 (+13.53%).

2021 Avg (January) 3.6432
2020 Avg (January) 3.2090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7014 3.5963 3.6432
February 3.6146 3.5594 3.5818
March 3.5344 3.4562 3.4942
April 3.5792 3.4642 3.5276
May 3.6245 3.5476 3.5843
June 3.6281 3.5306 3.5806
July 3.6309 3.5632 3.5898
August 3.6574 3.5757 3.6223
September 3.6793 3.5793 3.6337
October 3.6318 3.5734 3.6022
November 3.6222 3.5170 3.5712
December 3.5745 3.5178 3.5501