2014 GHS to KES Historical Review

YEARLY HIGH

37.1499 KES

YEARLY LOW

22.7792 KES

YEARLY AVERAGE

29.4033 KES

2014 GHS to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GHS to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 37.1499. Conversely, the yearly low was recorded on August 19, dropping to 22.7792.

This high-to-low spread represents a total annual volatility of 14.3707 KES. From a start-to-finish perspective, comparing the January average rate of 36.1919 to the December average rate of 28.2310, the exchange rate registered a net change of -22.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 37.1499 was down 19.59% compared to the 2013 peak of 46.1997, 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 185,750 KES

2013 Average 209,253 KES

Yearly Trough Low 113,896 KES

Transaction Impact: A difference of 71,853.43 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

37.3855

23.0621

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 32.2918, compared to 26.5149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.7769 points.

H1 Avg (Jan–Jun) 32.2918

H2 Avg (Jul–Dec) 26.5149

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 4.0641 KES (High: 27.3625 / Low: 23.2984). On the other end, December was the most stable month, with a tight range of 0.1944 KES (High: 28.3400 / Low: 28.1456).

September Spread (Volatile) ±4.0641

December Spread (Stable) ±0.1944

Growth Streaks & Declines

Trends

Between 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 2.1535 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.1535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 36.1919) against the same month in 2013 (average: 45.7013), the exchange rate shifted by -9.5094 (-20.81%).

2014 Avg (January) 36.1919

2013 Avg (January) 45.7013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.1499	35.1618	36.1919
February	36.1132	33.6166	34.6287
March	34.0380	32.1655	33.3746
April	32.1632	30.7446	31.3802
May	30.7578	29.0853	30.0211
June	29.3845	26.7661	28.1541
July	26.9362	24.8498	26.0006
August	26.0376	22.7792	24.2557
September	27.3625	23.2984	24.9740
October	27.9285	27.3360	27.6094
November	28.2845	27.5792	28.0187
December	28.3400	28.1456	28.2310