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2010 GHS to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the GHS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 33.0789. Conversely, the yearly low was recorded on November 4, dropping to 29.3729.
This high-to-low spread represents a total annual volatility of 3.7061 PHP. From a start-to-finish perspective, comparing the January average rate of 32.2965 to the December average rate of 30.0098, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).
Comparing the value generated converting 5,000 GHS based on timing:
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GHS to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 32.1142, compared to 30.8154 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 1.2988 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 1.7725 PHP (High: 33.0789 / Low: 31.3064). On the other end, August was the most stable month, with a tight range of 0.4668 PHP (High: 31.7296 / Low: 31.2628).
Growth Streaks & Declines
TrendsBetween April and June, 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 0.7183 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 32.0523.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 32.6072 | 31.8633 | 32.2965 |
| February | 32.7615 | 32.1330 | 32.3278 |
| March | 32.3642 | 31.8547 | 32.1729 |
| April | 31.7341 | 31.1902 | 31.4545 |
| May | 33.0789 | 31.3064 | 32.0523 |
| June | 32.8968 | 31.7164 | 32.3810 |
| July | 32.4558 | 31.4809 | 32.0342 |
| August | 31.7296 | 31.2628 | 31.4450 |
| September | 31.3590 | 30.5714 | 30.8494 |
| October | 30.6815 | 30.0388 | 30.3249 |
| November | 30.7100 | 29.3729 | 30.2291 |
| December | 30.3370 | 29.3979 | 30.0098 |