2011 GHS to ETB Historical Review

YEARLY HIGH

11.3214 ETB

YEARLY LOW

8.0919 ETB

YEARLY AVERAGE

10.2958 ETB

2011 GHS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GHS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 11.3214. Conversely, the yearly low was recorded on February 3, dropping to 8.0919.

This high-to-low spread represents a total annual volatility of 3.2295 ETB. From a start-to-finish perspective, comparing the January average rate of 8.4671 to the December average rate of 10.5175, the exchange rate registered a net change of 24.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 11.3214 was up 27.58% compared to the 2010 peak of 8.8738, 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 56,607 ETB

2010 Average 40,523 ETB

Yearly Trough Low 40,459 ETB

Transaction Impact: A difference of 16,147.66 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.5037

8.1044

JanuMarcMayJulySeptNove

GHS to ETB 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 9.7373, compared to 10.8542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1169 points.

H1 Avg (Jan–Jun) 9.7373

H2 Avg (Jul–Dec) 10.8542

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 2.8028 ETB (High: 11.2818 / Low: 8.4790). On the other end, March was the most stable month, with a tight range of 0.1218 ETB (High: 8.4582 / Low: 8.3364).

April Spread (Volatile) ±2.8028

March Spread (Stable) ±0.1218

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.3612 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 11.2204) against the same month in 2010 (average: 7.7627), the exchange rate shifted by +3.4577 (+44.54%).

2011 Avg (July) 11.2204

2010 Avg (July) 7.7627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.6131	8.1320	8.4671
February	9.2797	8.0919	8.4761
March	8.4582	8.3364	8.3877
April	11.2818	8.4790	10.7867
May	11.2180	11.0783	11.1544
June	11.2222	11.0736	11.1520
July	11.3214	11.1395	11.2204
August	11.2574	11.0856	11.1814
September	11.1727	10.7096	10.9819
October	10.7508	10.4889	10.6207
November	10.7301	10.3486	10.6036
December	10.6128	10.4594	10.5175