2011 GHS to BAM Historical Review

YEARLY HIGH

1.0444 BAM

YEARLY LOW

0.8642 BAM

YEARLY AVERAGE

0.9118 BAM

2011 GHS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GHS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 1.0444. Conversely, the yearly low was recorded on October 30, dropping to 0.8642.

This high-to-low spread represents a total annual volatility of 0.1802 BAM. From a start-to-finish perspective, comparing the January average rate of 0.9751 to the December average rate of 0.9057, the exchange rate registered a net change of -7.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0444 was down 9.17% compared to the 2010 peak of 1.1499, 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 5,222 BAM

2010 Average 5,158 BAM

Yearly Trough Low 4,321 BAM

Transaction Impact: A difference of 900.85 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9840

0.8765

JanuMarcMayJulySeptNove

GHS to BAM 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 0.9244, compared to 0.8993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0251 points.

H1 Avg (Jan–Jun) 0.9244

H2 Avg (Jul–Dec) 0.8993

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.1410 BAM (High: 1.0444 / Low: 0.9034). On the other end, August was the most stable month, with a tight range of 0.0231 BAM (High: 0.9111 / Low: 0.8880).

February Spread (Volatile) ±0.1410

August Spread (Stable) ±0.0231

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0362 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.9534) against the same month in 2010 (average: 1.0010), the exchange rate shifted by -0.0476 (-4.76%).

2011 Avg (February) 0.9534

2010 Avg (February) 1.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0254	0.9119	0.9751
February	1.0444	0.9034	0.9534
March	0.9386	0.9004	0.9171
April	0.9186	0.8787	0.8985
May	0.9244	0.8723	0.9047
June	0.9140	0.8765	0.8976
July	0.9224	0.8871	0.9052
August	0.9111	0.8880	0.8956
September	0.9334	0.8911	0.9126
October	0.9225	0.8642	0.8855
November	0.9015	0.8743	0.8911
December	0.9241	0.8796	0.9057