2013 GHS to MAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GHS to MAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GHS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 4.5138. Conversely, the yearly low was recorded on December 29, dropping to 3.4390.
This high-to-low spread represents a total annual volatility of 1.0749 MAD. From a start-to-finish perspective, comparing the January average rate of 4.4158 to the December average rate of 3.5297, the exchange rate registered a net change of -20.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 4.5138 was down 14.56% compared to the 2012 peak of 5.2832, 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 2013.
GHS to MAD 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 4.3554, compared to 3.8272 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.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was July, with a trading range of 0.2273 MAD (High: 4.2632 / Low: 4.0358). On the other end, May was the most stable month, with a tight range of 0.0564 MAD (High: 4.3335 / Low: 4.2772).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1778 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2013: 4.4158) against the same month in 2012 (average: 5.0968), the exchange rate shifted by -0.6810 (-13.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.5138 | 4.3462 | 4.4158 |
| February | 4.4319 | 4.3141 | 4.3814 |
| March | 4.4665 | 4.3979 | 4.4385 |
| April | 4.4726 | 4.3145 | 4.3777 |
| May | 4.3335 | 4.2772 | 4.3087 |
| June | 4.2899 | 4.1577 | 4.2104 |
| July | 4.2632 | 4.0358 | 4.1503 |
| August | 4.0688 | 3.8894 | 3.9725 |
| September | 3.9425 | 3.8027 | 3.8579 |
| October | 3.8042 | 3.6961 | 3.7612 |
| November | 3.7510 | 3.6307 | 3.6920 |
| December | 3.6328 | 3.4390 | 3.5297 |