YEARLY HIGH
0.7264 RON
YEARLY LOW
0.6733 RON
YEARLY AVERAGE
0.7026 RON

2021 GHS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.7264. Conversely, the yearly low was recorded on January 6, dropping to 0.6733.

This high-to-low spread represents a total annual volatility of 0.0531 RON. From a start-to-finish perspective, comparing the January average rate of 0.6838 to the December average rate of 0.7127, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7264 was down 13.00% compared to the 2020 peak of 0.8349, 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 3,632 RON
2020 Average 3,703 RON
Yearly Trough Low 3,366 RON
Transaction Impact: A difference of 265.57 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7185
0.6807
JanuMarcMayJulySeptNove

GHS to RON 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 0.7023, compared to 0.7029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.7023
H2 Avg (Jul–Dec) 0.7029

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0238 RON (High: 0.7264 / Low: 0.7025). On the other end, February was the most stable month, with a tight range of 0.0109 RON (High: 0.7025 / Low: 0.6916).

March Spread (Volatile) ±0.0238
February Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0101 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.7153) against the same month in 2020 (average: 0.7830), the exchange rate shifted by -0.0676 (-8.64%).

2021 Avg (March) 0.7153
2020 Avg (March) 0.7830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6921 0.6733 0.6838
February 0.7025 0.6916 0.6956
March 0.7264 0.7025 0.7153
April 0.7256 0.7027 0.7124
May 0.7105 0.6942 0.7023
June 0.7173 0.6944 0.7041
July 0.7104 0.6918 0.7018
August 0.7038 0.6903 0.6950
September 0.7067 0.6866 0.6966
October 0.7078 0.6949 0.7028
November 0.7204 0.6983 0.7087
December 0.7234 0.7069 0.7127