2011 ARS to GHS Historical Review

YEARLY HIGH

0.3921 GHS

YEARLY LOW

0.3417 GHS

YEARLY AVERAGE

0.3743 GHS

2011 ARS to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.3921. Conversely, the yearly low was recorded on February 18, dropping to 0.3417.

This high-to-low spread represents a total annual volatility of 0.0505 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3778 to the December average rate of 0.3826, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3921 was up 3.99% compared to the 2010 peak of 0.3771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,961 GHS

2010 Average 1,833 GHS

Yearly Trough Low 1,708 GHS

Transaction Impact: A difference of 252.28 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3843

0.3646

JanuMarcMayJulySeptNove

ARS 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 0.3736, compared to 0.3750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.3736

H2 Avg (Jul–Dec) 0.3750

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0505 GHS (High: 0.3921 / Low: 0.3417). On the other end, May was the most stable month, with a tight range of 0.0052 GHS (High: 0.3725 / Low: 0.3673).

February Spread (Volatile) ±0.0505

May Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.3749) against the same month in 2010 (average: 0.3717), the exchange rate shifted by +0.0032 (+0.86%).

2011 Avg (February) 0.3749

2010 Avg (February) 0.3717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3916	0.3715	0.3778
February	0.3921	0.3417	0.3749
March	0.3802	0.3734	0.3778
April	0.3747	0.3670	0.3710
May	0.3725	0.3673	0.3695
June	0.3725	0.3672	0.3702
July	0.3712	0.3634	0.3677
August	0.3701	0.3633	0.3663
September	0.3799	0.3639	0.3706
October	0.3879	0.3763	0.3822
November	0.3896	0.3766	0.3805
December	0.3849	0.3782	0.3826