2021 HNL to GHS Historical Review

YEARLY HIGH

0.2555 GHS

YEARLY LOW

0.2356 GHS

YEARLY AVERAGE

0.2457 GHS

2021 HNL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.2555. Conversely, the yearly low was recorded on January 6, dropping to 0.2356.

This high-to-low spread represents a total annual volatility of 0.0199 GHS. From a start-to-finish perspective, comparing the January average rate of 0.2414 to the December average rate of 0.2530, the exchange rate registered a net change of 4.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2555 was up 3.89% compared to the 2020 peak of 0.2460, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,278 GHS

2020 Average 1,159 GHS

Yearly Trough Low 1,178 GHS

Transaction Impact: A difference of 99.42 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2551

0.2356

JanuMarcMayJulySeptNove

HNL 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 0.2398, compared to 0.2516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.2398

H2 Avg (Jul–Dec) 0.2516

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0081 GHS (High: 0.2438 / Low: 0.2356). On the other end, May was the most stable month, with a tight range of 0.0022 GHS (High: 0.2410 / Low: 0.2387).

January Spread (Volatile) ±0.0081

May Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2530) against the same month in 2020 (average: 0.2421), the exchange rate shifted by +0.0109 (+4.51%).

2021 Avg (December) 0.2530

2020 Avg (December) 0.2421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2438	0.2356	0.2414
February	0.2406	0.2367	0.2390
March	0.2398	0.2357	0.2372
April	0.2412	0.2387	0.2399
May	0.2410	0.2387	0.2396
June	0.2447	0.2398	0.2416
July	0.2519	0.2440	0.2486
August	0.2547	0.2505	0.2531
September	0.2532	0.2471	0.2504
October	0.2527	0.2497	0.2513
November	0.2546	0.2515	0.2535
December	0.2555	0.2504	0.2530

2021 HNL నుండి GHS చారిత్రక సమీక్ష