2021 TND to GHS Historical Review

YEARLY HIGH

2.1918 GHS

YEARLY LOW

2.0605 GHS

YEARLY AVERAGE

2.1323 GHS

2021 TND to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.1918. Conversely, the yearly low was recorded on April 4, dropping to 2.0605.

This high-to-low spread represents a total annual volatility of 0.1312 GHS. From a start-to-finish perspective, comparing the January average rate of 2.1695 to the December average rate of 2.1352, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1918 was down 0.77% compared to the 2020 peak of 2.2087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,959 GHS

2020 Average 10,228 GHS

Yearly Trough Low 10,303 GHS

Transaction Impact: A difference of 656.09 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1779

2.0774

JanuMarcMayJulySeptNove

TND 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 2.1184, compared to 2.1463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 2.1184

H2 Avg (Jul–Dec) 2.1463

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0527 GHS (High: 2.1132 / Low: 2.0605). On the other end, March was the most stable month, with a tight range of 0.0334 GHS (High: 2.1032 / Low: 2.0698).

April Spread (Volatile) ±0.0527

March Spread (Stable) ±0.0334

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.0503 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.1695) against the same month in 2020 (average: 2.0097), the exchange rate shifted by +0.1598 (+7.95%).

2021 Avg (January) 2.1695

2020 Avg (January) 2.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1918	2.1481	2.1695
February	2.1588	2.1167	2.1360
March	2.1032	2.0698	2.0857
April	2.1132	2.0605	2.0912
May	2.1296	2.0912	2.1141
June	2.1324	2.0929	2.1138
July	2.1437	2.1076	2.1304
August	2.1719	2.1380	2.1589
September	2.1800	2.1371	2.1592
October	2.1678	2.1328	2.1491
November	2.1662	2.1167	2.1447
December	2.1502	2.1163	2.1352