2011 GHS to HNL Historical Review

YEARLY HIGH

13.7686 HNL

YEARLY LOW

11.3617 HNL

YEARLY AVERAGE

12.2557 HNL

2011 GHS to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GHS to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 13.7686. Conversely, the yearly low was recorded on November 30, dropping to 11.3617.

This high-to-low spread represents a total annual volatility of 2.4069 HNL. From a start-to-finish perspective, comparing the January average rate of 12.5876 to the December average rate of 11.5578, the exchange rate registered a net change of -8.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.7686 was up 2.74% compared to the 2010 peak of 13.4018, 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 68,843 HNL

2010 Average 66,011 HNL

Yearly Trough Low 56,809 HNL

Transaction Impact: A difference of 12,034.28 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

12.6906

11.4549

JanuMarcMayJulySeptNove

GHS to HNL 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 12.5198, compared to 11.9916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5282 points.

H1 Avg (Jan–Jun) 12.5198

H2 Avg (Jul–Dec) 11.9916

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 1.7578 HNL (High: 13.7686 / Low: 12.0108). On the other end, May was the most stable month, with a tight range of 0.1500 HNL (High: 12.6025 / Low: 12.4525).

February Spread (Volatile) ±1.7578

May Spread (Stable) ±0.1500

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3782 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 12.5708) against the same month in 2010 (average: 13.2183), the exchange rate shifted by -0.6475 (-4.90%).

2011 Avg (February) 12.5708

2010 Avg (February) 13.2183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.8054	12.0755	12.5876
February	13.7686	12.0108	12.5708
March	12.5276	12.3104	12.4077
April	12.6313	12.4597	12.5415
May	12.6025	12.4525	12.5335
June	12.5803	12.4128	12.4779
July	12.5807	12.4183	12.4859
August	12.4724	12.2103	12.3368
September	12.3308	11.8323	12.1259
October	11.9027	11.5928	11.7477
November	11.8851	11.3617	11.6954
December	11.6627	11.4848	11.5578