2014 GHS to ARS Historical Review

YEARLY HIGH

3.3510 ARS

YEARLY LOW

2.1362 ARS

YEARLY AVERAGE

2.7012 ARS

2014 GHS to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GHS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 3.3510. Conversely, the yearly low was recorded on August 19, dropping to 2.1362.

This high-to-low spread represents a total annual volatility of 1.2148 ARS. From a start-to-finish perspective, comparing the January average rate of 2.9294 to the December average rate of 2.6667, the exchange rate registered a net change of -8.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.3510 was up 21.05% compared to the 2013 peak of 2.7683, 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 16,755 ARS

2013 Average 13,246 ARS

Yearly Trough Low 10,681 ARS

Transaction Impact: A difference of 6,074.19 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.2416

2.2002

JanuMarcMayJulySeptNove

GHS to ARS 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 2.9010, compared to 2.5015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3996 points.

H1 Avg (Jan–Jun) 2.9010

H2 Avg (Jul–Dec) 2.5015

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.5940 ARS (High: 3.3510 / Low: 2.7570). On the other end, December was the most stable month, with a tight range of 0.0311 ARS (High: 2.6752 / Low: 2.6441).

January Spread (Volatile) ±0.5940

December Spread (Stable) ±0.0311

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 0.1956 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.9294) against the same month in 2013 (average: 2.6009), the exchange rate shifted by +0.3285 (+12.63%).

2014 Avg (January) 2.9294

2013 Avg (January) 2.6009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.3510	2.7570	2.9294
February	3.3484	3.0673	3.1549
March	3.0980	2.9726	3.0563
April	2.9783	2.8314	2.8947
May	2.8310	2.6773	2.7599
June	2.7083	2.4845	2.6110
July	2.4977	2.3181	2.4155
August	2.4411	2.1362	2.2870
September	2.5914	2.2107	2.3653
October	2.6541	2.5849	2.6232
November	2.6741	2.6207	2.6511
December	2.6752	2.6441	2.6667