2014 GHS to AFN Historical Review

YEARLY HIGH

23.9981 AFN

YEARLY LOW

14.4753 AFN

YEARLY AVERAGE

19.0814 AFN

2014 GHS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GHS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 23.9981. Conversely, the yearly low was recorded on August 19, dropping to 14.4753.

This high-to-low spread represents a total annual volatility of 9.5229 AFN. From a start-to-finish perspective, comparing the January average rate of 23.6022 to the December average rate of 18.1019, the exchange rate registered a net change of -23.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 23.9981 was down 13.96% compared to the 2013 peak of 27.8915, 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 119,991 AFN

2013 Average 132,816 AFN

Yearly Trough Low 72,376 AFN

Transaction Impact: A difference of 47,614.39 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

24.4128

14.6855

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 21.1430, compared to 17.0198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1233 points.

H1 Avg (Jan–Jun) 21.1430

H2 Avg (Jul–Dec) 17.0198

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 2.6615 AFN (High: 17.4723 / Low: 14.8109). On the other end, December was the most stable month, with a tight range of 0.2069 AFN (High: 18.2061 / Low: 17.9992).

September Spread (Volatile) ±2.6615

December Spread (Stable) ±0.2069

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.5946 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.5946

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 23.6022) against the same month in 2013 (average: 27.0212), the exchange rate shifted by -3.4190 (-12.65%).

2014 Avg (January) 23.6022

2013 Avg (January) 27.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.9981	23.2714	23.6022
February	23.5809	22.1524	22.7676
March	22.4501	21.1633	21.9655
April	21.2382	20.0882	20.5507
May	20.1129	18.8960	19.5224
June	19.1674	17.5046	18.4498
July	17.6172	15.9756	16.8552
August	16.8621	14.4753	15.4961
September	17.4723	14.8109	15.9576
October	17.9601	17.4754	17.7322
November	18.2079	17.6922	17.9757
December	18.2061	17.9992	18.1019