YEARLY HIGH
0.5152 GHS
YEARLY LOW
0.3799 GHS
YEARLY AVERAGE
0.4507 GHS

2024 TWD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.5152. Conversely, the yearly low was recorded on January 17, dropping to 0.3799.

This high-to-low spread represents a total annual volatility of 0.1353 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3862 to the December average rate of 0.4538, the exchange rate registered a net change of 17.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5152 was up 21.35% compared to the 2023 peak of 0.4245, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,576 GHS
2023 Average 1,877 GHS
Yearly Trough Low 1,899 GHS
Transaction Impact: A difference of 676.59 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5102
0.3749
JanuMarcMayJulySeptNove

TWD 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 0.4185, compared to 0.4828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0643 points.

H1 Avg (Jan–Jun) 0.4185
H2 Avg (Jul–Dec) 0.4828

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0431 GHS (High: 0.5152 / Low: 0.4721). On the other end, April was the most stable month, with a tight range of 0.0066 GHS (High: 0.4191 / Low: 0.4125).

November Spread (Volatile) ±0.0431
April Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0421 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.4960) against the same month in 2023 (average: 0.3745), the exchange rate shifted by +0.1215 (+32.44%).

2024 Avg (November) 0.4960
2023 Avg (November) 0.3745

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3962 0.3799 0.3862
February 0.4000 0.3914 0.3965
March 0.4148 0.4009 0.4083
April 0.4191 0.4125 0.4156
May 0.4557 0.4212 0.4399
June 0.4700 0.4538 0.4644
July 0.4771 0.4702 0.4728
August 0.4928 0.4735 0.4840
September 0.4992 0.4867 0.4914
October 0.5109 0.4916 0.4989
November 0.5152 0.4721 0.4960
December 0.4732 0.4478 0.4538