2021 NOK to GHS Historical Review

YEARLY HIGH

0.7315 GHS

YEARLY LOW

0.6621 GHS

YEARLY AVERAGE

0.6890 GHS

2021 NOK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.7315. Conversely, the yearly low was recorded on July 19, dropping to 0.6621.

This high-to-low spread represents a total annual volatility of 0.0695 GHS. From a start-to-finish perspective, comparing the January average rate of 0.6869 to the December average rate of 0.6848, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7315 was up 6.37% compared to the 2020 peak of 0.6877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,658 GHS

2020 Average 3,056 GHS

Yearly Trough Low 3,310 GHS

Transaction Impact: A difference of 347.39 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7215

0.6693

JanuMarcMayJulySeptNove

NOK 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 0.6857, compared to 0.6923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.6857

H2 Avg (Jul–Dec) 0.6923

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0441 GHS (High: 0.7216 / Low: 0.6775). On the other end, May was the most stable month, with a tight range of 0.0166 GHS (High: 0.7029 / Low: 0.6863).

November Spread (Volatile) ±0.0441

May Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0183 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.7171) against the same month in 2020 (average: 0.6255), the exchange rate shifted by +0.0917 (+14.65%).

2021 Avg (October) 0.7171

2020 Avg (October) 0.6255

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6977	0.6728	0.6869
February	0.6910	0.6639	0.6812
March	0.6825	0.6630	0.6736
April	0.7069	0.6752	0.6882
May	0.7029	0.6863	0.6949
June	0.7037	0.6676	0.6892
July	0.6895	0.6621	0.6765
August	0.6965	0.6648	0.6798
September	0.7049	0.6841	0.6965
October	0.7315	0.7009	0.7171
November	0.7216	0.6775	0.6989
December	0.7002	0.6657	0.6848

2021 NOK నుండి GHS చారిత్రక సమీక్ష