YEARLY HIGH
4.9364 GHS
YEARLY LOW
4.5127 GHS
YEARLY AVERAGE
4.7245 GHS

2021 CAD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 4.9364. Conversely, the yearly low was recorded on February 26, dropping to 4.5127.

This high-to-low spread represents a total annual volatility of 0.4237 GHS. From a start-to-finish perspective, comparing the January average rate of 4.5990 to the December average rate of 4.7992, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.9364 was up 5.82% compared to the 2020 peak of 4.6650, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,682 GHS
2020 Average 21,397 GHS
Yearly Trough Low 22,564 GHS
Transaction Impact: A difference of 2,118.26 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.9108
4.5324
JanuMarcMayJulySeptNove

CAD 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 4.6441, compared to 4.8049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1607 points.

H1 Avg (Jan–Jun) 4.6441
H2 Avg (Jul–Dec) 4.8049

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1708 GHS (High: 4.8164 / Low: 4.6455). On the other end, February was the most stable month, with a tight range of 0.0900 GHS (High: 4.6027 / Low: 4.5127).

June Spread (Volatile) ±0.1708
February Spread (Stable) ±0.0900

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0694 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 4.8793) against the same month in 2020 (average: 4.4009), the exchange rate shifted by +0.4784 (+10.87%).

2021 Avg (October) 4.8793
2020 Avg (October) 4.4009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.6362 4.5437 4.5990
February 4.6027 4.5127 4.5639
March 4.6279 4.5198 4.5686
April 4.7064 4.5797 4.6212
May 4.8013 4.6947 4.7608
June 4.8164 4.6455 4.7511
July 4.8039 4.6492 4.7436
August 4.8144 4.6876 4.7763
September 4.8368 4.6904 4.7622
October 4.9364 4.7839 4.8793
November 4.9287 4.8021 4.8685
December 4.8775 4.7211 4.7992