2011 GHS to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GHS to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GHS to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 65.3257. Conversely, the yearly low was recorded on December 26, dropping to 50.9365.
This high-to-low spread represents a total annual volatility of 14.3892 KES. From a start-to-finish perspective, comparing the January average rate of 53.8660 to the December average rate of 52.7013, the exchange rate registered a net change of -2.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 65.3257 was up 13.14% compared to the 2010 peak of 57.7363, 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 2011.
GHS to KES 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 55.6868, compared to 59.1642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4774 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was February, with a trading range of 7.8910 KES (High: 59.3354 / Low: 51.4444). On the other end, April was the most stable month, with a tight range of 0.7483 KES (High: 56.0307 / Low: 55.2824).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.1057 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 62.6409) against the same month in 2010 (average: 56.4161), the exchange rate shifted by +6.2248 (+11.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 55.0024 | 51.8345 | 53.8660 |
| February | 59.3354 | 51.4444 | 54.1736 |
| March | 56.6110 | 54.6339 | 55.3008 |
| April | 56.0307 | 55.2824 | 55.5801 |
| May | 57.4708 | 55.2297 | 56.5128 |
| June | 60.3508 | 56.6604 | 58.6875 |
| July | 60.6652 | 58.2232 | 59.3809 |
| August | 61.9926 | 60.2781 | 60.9052 |
| September | 64.6525 | 60.7181 | 61.8218 |
| October | 65.3257 | 61.0057 | 62.6409 |
| November | 61.6010 | 53.7938 | 57.5352 |
| December | 55.1080 | 50.9365 | 52.7013 |