2011 GEL to GHS Historical Review

YEARLY HIGH

1.0059 GHS

YEARLY LOW

0.7793 GHS

YEARLY AVERAGE

0.9173 GHS

2011 GEL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 1.0059. Conversely, the yearly low was recorded on February 20, dropping to 0.7793.

This high-to-low spread represents a total annual volatility of 0.2266 GHS. From a start-to-finish perspective, comparing the January average rate of 0.8370 to the December average rate of 0.9881, the exchange rate registered a net change of 18.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0059 was up 19.09% compared to the 2010 peak of 0.8446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,029 GHS

2010 Average 4,010 GHS

Yearly Trough Low 3,897 GHS

Transaction Impact: A difference of 1,132.77 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0032

0.8219

JanuMarcMayJulySeptNove

GEL 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 0.8833, compared to 0.9512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0679 points.

H1 Avg (Jan–Jun) 0.8833

H2 Avg (Jul–Dec) 0.9512

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0946 GHS (High: 0.8740 / Low: 0.7793). On the other end, July was the most stable month, with a tight range of 0.0172 GHS (High: 0.9167 / Low: 0.8995).

February Spread (Volatile) ±0.0946

July Spread (Stable) ±0.0172

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0071 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.9773) against the same month in 2010 (average: 0.8180), the exchange rate shifted by +0.1593 (+19.47%).

2011 Avg (November) 0.9773

2010 Avg (November) 0.8180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8662	0.8218	0.8370
February	0.8740	0.7793	0.8494
March	0.9014	0.8723	0.8908
April	0.9184	0.8806	0.9063
May	0.9153	0.8926	0.9004
June	0.9260	0.9064	0.9161
July	0.9167	0.8995	0.9090
August	0.9329	0.9118	0.9244
September	0.9622	0.9203	0.9370
October	0.9869	0.9569	0.9717
November	1.0059	0.9620	0.9773
December	0.9950	0.9735	0.9881