YEARLY HIGH
1.9583 BWP
YEARLY LOW
1.8057 BWP
YEARLY AVERAGE
1.8717 BWP

2021 GHS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.9583. Conversely, the yearly low was recorded on September 12, dropping to 1.8057.

This high-to-low spread represents a total annual volatility of 0.1526 BWP. From a start-to-finish perspective, comparing the January average rate of 1.8748 to the December average rate of 1.9089, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9583 was down 9.35% compared to the 2020 peak of 2.1603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,791 BWP
2020 Average 9,982 BWP
Yearly Trough Low 9,028 BWP
Transaction Impact: A difference of 763.07 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9331
1.8267
JanuMarcMayJulySeptNove

GHS to BWP 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 1.8784, compared to 1.8650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 1.8784
H2 Avg (Jul–Dec) 1.8650

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0715 BWP (High: 1.9256 / Low: 1.8541). On the other end, July was the most stable month, with a tight range of 0.0375 BWP (High: 1.8779 / Low: 1.8404).

November Spread (Volatile) ±0.0715
July Spread (Stable) ±0.0375

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0388 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0388

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 1.9242) against the same month in 2020 (average: 2.0526), the exchange rate shifted by -0.1284 (-6.25%).

2021 Avg (March) 1.9242
2020 Avg (March) 2.0526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8995 1.8313 1.8748
February 1.9111 1.8553 1.8801
March 1.9583 1.9047 1.9242
April 1.9187 1.8670 1.8854
May 1.8860 1.8298 1.8615
June 1.8725 1.8144 1.8443
July 1.8779 1.8404 1.8539
August 1.8795 1.8218 1.8509
September 1.8767 1.8057 1.8355
October 1.8743 1.8338 1.8532
November 1.9256 1.8541 1.8873
December 1.9280 1.8847 1.9089