YEARLY HIGH
2.4263 GHS
YEARLY LOW
1.7554 GHS
YEARLY AVERAGE
2.1331 GHS

2024 TTD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TTD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 2.4263. Conversely, the yearly low was recorded on January 9, dropping to 1.7554.

This high-to-low spread represents a total annual volatility of 0.6709 GHS. From a start-to-finish perspective, comparing the January average rate of 1.7753 to the December average rate of 2.1786, the exchange rate registered a net change of 22.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4263 was up 27.74% compared to the 2023 peak of 1.8994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,132 GHS
2023 Average 8,612 GHS
Yearly Trough Low 8,777 GHS
Transaction Impact: A difference of 3,354.66 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4216
1.7166
JanuMarcMayJulySeptNove

TTD 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 1.9682, compared to 2.2980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3298 points.

H1 Avg (Jan–Jun) 1.9682
H2 Avg (Jul–Dec) 2.2980

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1650 GHS (High: 2.1818 / Low: 2.0167). On the other end, August was the most stable month, with a tight range of 0.0183 GHS (High: 2.3089 / Low: 2.2906).

May Spread (Volatile) ±0.1650
August Spread (Stable) ±0.0183

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1842 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.1842

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2.3628) against the same month in 2023 (average: 1.7612), the exchange rate shifted by +0.6017 (+34.16%).

2024 Avg (November) 2.3628
2023 Avg (November) 1.7612

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8252 1.7554 1.7753
February 1.8634 1.8203 1.8355
March 1.9510 1.8661 1.9062
April 2.0118 1.9508 1.9817
May 2.1818 2.0167 2.0941
June 2.2468 2.1734 2.2165
July 2.2929 2.2527 2.2751
August 2.3089 2.2906 2.3007
September 2.3243 2.3049 2.3126
October 2.4014 2.3322 2.3581
November 2.4263 2.2655 2.3628
December 2.2708 2.1577 2.1786