2024 YER to GHS Historical Review

YEARLY HIGH

0.0660 GHS

YEARLY LOW

0.0475 GHS

YEARLY AVERAGE

0.0578 GHS

2024 YER to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0660. Conversely, the yearly low was recorded on January 6, dropping to 0.0475.

This high-to-low spread represents a total annual volatility of 0.0184 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0481 to the December average rate of 0.0591, the exchange rate registered a net change of 22.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0660 was up 28.02% compared to the 2023 peak of 0.0515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 330 GHS

2023 Average 233 GHS

Yearly Trough Low 238 GHS

Transaction Impact: A difference of 92.05 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0658

0.0465

JanuMarcMayJulySeptNove

YER 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 0.0534, compared to 0.0623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.0534

H2 Avg (Jul–Dec) 0.0623

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0046 GHS (High: 0.0660 / Low: 0.0613). On the other end, September was the most stable month, with a tight range of 0.0007 GHS (High: 0.0631 / Low: 0.0624).

November Spread (Volatile) ±0.0046

September Spread (Stable) ±0.0007

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 0.0051 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0642) against the same month in 2023 (average: 0.0477), the exchange rate shifted by +0.0165 (+34.52%).

2024 Avg (November) 0.0642

2023 Avg (November) 0.0477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0493	0.0475	0.0481
February	0.0505	0.0494	0.0498
March	0.0529	0.0506	0.0517
April	0.0546	0.0529	0.0537
May	0.0591	0.0547	0.0568
June	0.0610	0.0589	0.0601
July	0.0621	0.0611	0.0616
August	0.0628	0.0617	0.0623
September	0.0631	0.0624	0.0627
October	0.0651	0.0632	0.0640
November	0.0660	0.0613	0.0642
December	0.0613	0.0586	0.0591