2014 GHS to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GHS to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GHS to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 394.2981. Conversely, the yearly low was recorded on August 19, dropping to 238.3937.
This high-to-low spread represents a total annual volatility of 155.9044 CDF. From a start-to-finish perspective, comparing the January average rate of 387.7530 to the December average rate of 289.0297, the exchange rate registered a net change of -25.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 394.2981 was down 19.32% compared to the 2013 peak of 488.7412, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
GHS to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 343.4627, compared to 275.0603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 68.4024 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 40.3577 CDF (High: 283.4318 / Low: 243.0741). On the other end, December was the most stable month, with a tight range of 2.2129 CDF (High: 289.9835 / Low: 287.7706).
Growth Streaks & Declines
TrendsBetween 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 23.1420 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 387.7530) against the same month in 2013 (average: 484.5112), the exchange rate shifted by -96.7581 (-19.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 394.2981 | 378.3870 | 387.7530 |
| February | 386.5222 | 358.2065 | 370.2075 |
| March | 362.5853 | 341.9123 | 355.8656 |
| April | 342.7595 | 325.8873 | 333.7230 |
| May | 326.3429 | 306.1082 | 316.6887 |
| June | 309.4105 | 281.8961 | 296.5384 |
| July | 283.9567 | 261.2086 | 273.3964 |
| August | 274.0260 | 238.3937 | 254.0179 |
| September | 283.4318 | 243.0741 | 259.5880 |
| October | 287.6039 | 282.2890 | 286.0836 |
| November | 290.6747 | 285.0323 | 288.2463 |
| December | 289.9835 | 287.7706 | 289.0297 |