YEARLY HIGH
0.3964 GHS
YEARLY LOW
0.3027 GHS
YEARLY AVERAGE
0.3600 GHS

2024 UYU to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UYU to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.3964. Conversely, the yearly low was recorded on January 9, dropping to 0.3027.

This high-to-low spread represents a total annual volatility of 0.0937 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3075 to the December average rate of 0.3362, the exchange rate registered a net change of 9.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3964 was up 19.37% compared to the 2023 peak of 0.3321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,982 GHS
2023 Average 1,505 GHS
Yearly Trough Low 1,513 GHS
Transaction Impact: A difference of 468.75 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3948
0.2996
JanuMarcMayJulySeptNove

UYU 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 0.3442, compared to 0.3757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0315 points.

H1 Avg (Jan–Jun) 0.3442
H2 Avg (Jul–Dec) 0.3757

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0358 GHS (High: 0.3941 / Low: 0.3583). On the other end, July was the most stable month, with a tight range of 0.0041 GHS (High: 0.3863 / Low: 0.3822).

November Spread (Volatile) ±0.0358
July Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0426 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.3850) against the same month in 2023 (average: 0.2969), the exchange rate shifted by +0.0881 (+29.68%).

2024 Avg (October) 0.3850
2023 Avg (October) 0.2969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3176 0.3027 0.3075
February 0.3232 0.3156 0.3185
March 0.3528 0.3240 0.3364
April 0.3565 0.3453 0.3499
May 0.3821 0.3574 0.3692
June 0.3880 0.3806 0.3839
July 0.3863 0.3822 0.3841
August 0.3893 0.3823 0.3868
September 0.3901 0.3736 0.3833
October 0.3964 0.3775 0.3850
November 0.3941 0.3583 0.3788
December 0.3578 0.3284 0.3362