YEARLY HIGH
1872.0777 STD
YEARLY LOW
1352.3420 STD
YEARLY AVERAGE
1554.1206 STD

2024 GHS to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1872.0777. Conversely, the yearly low was recorded on November 10, dropping to 1352.3420.

This high-to-low spread represents a total annual volatility of 519.7357 STD. From a start-to-finish perspective, comparing the January average rate of 1850.0236 to the December average rate of 1507.4426, the exchange rate registered a net change of -18.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1872.0777 was down 31.53% compared to the 2023 peak of 2734.3096, 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 9,360,388 STD
2023 Average 9,687,417 STD
Yearly Trough Low 6,761,710 STD
Transaction Impact: A difference of 2,598,678.26 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1896.0419
1343.8216
JanuMarcMayJulySeptNove

GHS to STD 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 1678.1911, compared to 1430.0500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 248.1411 points.

H1 Avg (Jan–Jun) 1678.1911
H2 Avg (Jul–Dec) 1430.0500

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 123.0549 STD (High: 1628.5819 / Low: 1505.5270). On the other end, September was the most stable month, with a tight range of 15.8485 STD (High: 1426.7152 / Low: 1410.8666).

May Spread (Volatile) ±123.0549
September Spread (Stable) ±15.8485

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 88.5655 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -88.5655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1850.0236) against the same month in 2023 (average: 2012.8806), the exchange rate shifted by -162.8571 (-8.09%).

2024 Avg (January) 1850.0236
2023 Avg (January) 2012.8806

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1872.0777 1803.9170 1850.0236
February 1802.7297 1761.0530 1788.1937
March 1760.2459 1681.6453 1722.7063
April 1682.0736 1630.9810 1657.7589
May 1628.5819 1505.5270 1569.1934
June 1511.7456 1460.2954 1481.2709
July 1456.3268 1433.1838 1444.2953
August 1443.2424 1418.4746 1428.1885
September 1426.7152 1410.8666 1419.0316
October 1408.8309 1366.2964 1391.5021
November 1454.2812 1352.3420 1389.8400
December 1521.8457 1450.9009 1507.4426