2015 GHS to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 GHS to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the GHS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 6.3626. Conversely, the yearly low was recorded on June 24, dropping to 4.6913.
This high-to-low spread represents a total annual volatility of 1.6713 ETB. From a start-to-finish perspective, comparing the January average rate of 6.2109 to the December average rate of 5.5487, the exchange rate registered a net change of -10.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 6.3626 was down 22.33% compared to the 2014 peak of 8.1913, 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 2015.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.5172, compared to 5.4875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0298 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was July, with a trading range of 1.6175 ETB (High: 6.3626 / Low: 4.7451). On the other end, December was the most stable month, with a tight range of 0.0494 ETB (High: 5.5719 / Low: 5.5225).
Growth Streaks & Declines
TrendsBetween August and October, 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 July and August, when the average rate fell by 0.5914 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2015: 5.7700) against the same month in 2014 (average: 5.8441), the exchange rate shifted by -0.0741 (-1.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.3107 | 6.0529 | 6.2109 |
| February | 6.0971 | 5.8118 | 5.9354 |
| March | 5.8255 | 5.3677 | 5.6040 |
| April | 5.3683 | 5.3112 | 5.3363 |
| May | 5.3337 | 5.0698 | 5.2025 |
| June | 5.0419 | 4.6913 | 4.8143 |
| July | 6.3626 | 4.7451 | 5.7700 |
| August | 5.5151 | 4.8119 | 5.1786 |
| September | 5.5502 | 5.1732 | 5.3870 |
| October | 5.6403 | 5.3800 | 5.5226 |
| November | 5.5725 | 5.4366 | 5.5180 |
| December | 5.5719 | 5.5225 | 5.5487 |