2015 GHS to MAD Historical Review

YEARLY HIGH

3.0300 MAD

YEARLY LOW

2.1896 MAD

YEARLY AVERAGE

2.5932 MAD

2015 GHS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GHS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 3.0300. Conversely, the yearly low was recorded on June 20, dropping to 2.1896.

This high-to-low spread represents a total annual volatility of 0.8404 MAD. From a start-to-finish perspective, comparing the January average rate of 2.8724 to the December average rate of 2.6003, the exchange rate registered a net change of -9.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.0300 was down 14.08% compared to the 2014 peak of 3.5267, 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 15,150 MAD

2014 Average 14,038 MAD

Yearly Trough Low 10,948 MAD

Transaction Impact: A difference of 4,202.13 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.9337

2.1981

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.6149, compared to 2.5714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0435 points.

H1 Avg (Jan–Jun) 2.6149

H2 Avg (Jul–Dec) 2.5714

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 0.7929 MAD (High: 3.0300 / Low: 2.2371). On the other end, December was the most stable month, with a tight range of 0.0845 MAD (High: 2.6546 / Low: 2.5702).

July Spread (Volatile) ±0.7929

December Spread (Stable) ±0.0845

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3044 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2015: 2.7299) against the same month in 2014 (average: 2.4522), the exchange rate shifted by +0.2777 (+11.32%).

2015 Avg (July) 2.7299

2014 Avg (July) 2.4522

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9338	2.8239	2.8724
February	2.8743	2.7384	2.7876
March	2.8350	2.5892	2.7202
April	2.6373	2.5242	2.5877
May	2.5244	2.4211	2.4623
June	2.4130	2.1896	2.2594
July	3.0300	2.2371	2.7299
August	2.5947	2.2106	2.4255
September	2.5832	2.3926	2.5012
October	2.6198	2.4743	2.5570
November	2.6576	2.5407	2.6147
December	2.6546	2.5702	2.6003