2011 GHS to AFN Historical Review

YEARLY HIGH

31.3111 AFN

YEARLY LOW

27.2238 AFN

YEARLY AVERAGE

28.6487 AFN

2011 GHS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GHS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 31.3111. Conversely, the yearly low was recorded on September 21, dropping to 27.2238.

This high-to-low spread represents a total annual volatility of 4.0872 AFN. From a start-to-finish perspective, comparing the January average rate of 28.6245 to the December average rate of 28.3207, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 31.3111 was down 8.87% compared to the 2010 peak of 34.3576, 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 156,555 AFN

2010 Average 157,883 AFN

Yearly Trough Low 136,119 AFN

Transaction Impact: A difference of 20,436.23 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

30.1496

28.0220

JanuMarcMayJulySeptNove

GHS to AFN 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 28.4790, compared to 28.8185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3395 points.

H1 Avg (Jan–Jun) 28.4790

H2 Avg (Jul–Dec) 28.8185

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 3.9979 AFN (High: 31.3111 / Low: 27.3132). On the other end, May was the most stable month, with a tight range of 0.3330 AFN (High: 28.6618 / Low: 28.3288).

February Spread (Volatile) ±3.9979

May Spread (Stable) ±0.3330

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 November and December, when the average rate fell by 1.3992 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3992

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 28.5909) against the same month in 2010 (average: 33.3907), the exchange rate shifted by -4.7997 (-14.37%).

2011 Avg (February) 28.5909

2010 Avg (February) 33.3907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.1200	27.4577	28.6245
February	31.3111	27.3132	28.5909
March	28.4712	28.0559	28.2343
April	28.7424	28.3249	28.5269
May	28.6618	28.3288	28.5044
June	28.7129	28.2199	28.3929
July	28.6260	28.2656	28.4148
August	28.4573	27.9510	28.1993
September	30.3725	27.2238	28.2839
October	30.3343	29.6033	29.9723
November	30.2784	28.0870	29.7199
December	29.7904	27.7391	28.3207