2011 GHS to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GHS to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GHS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 1462.7380. Conversely, the yearly low was recorded on October 4, dropping to 1250.1149.
This high-to-low spread represents a total annual volatility of 212.6231 MGA. From a start-to-finish perspective, comparing the January average rate of 1392.1059 to the December average rate of 1304.9988, the exchange rate registered a net change of -6.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 1462.7380 was down 6.98% compared to the 2010 peak of 1572.5095, 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 MGA 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 1322.6047, compared to 1295.1131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.4916 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was February, with a trading range of 170.8782 MGA (High: 1462.7380 / Low: 1291.8597). On the other end, March was the most stable month, with a tight range of 25.7480 MGA (High: 1326.1891 / Low: 1300.4410).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 49.6875 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2011: 1342.4184) against the same month in 2010 (average: 1503.3018), the exchange rate shifted by -160.8834 (-10.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1448.3888 | 1313.3624 | 1392.1059 |
| February | 1462.7380 | 1291.8597 | 1342.4184 |
| March | 1326.1891 | 1300.4410 | 1315.1483 |
| April | 1335.7760 | 1288.8801 | 1306.1762 |
| May | 1314.8771 | 1287.2263 | 1299.4897 |
| June | 1292.8348 | 1267.0051 | 1280.2900 |
| July | 1314.3856 | 1265.1954 | 1292.8064 |
| August | 1306.0971 | 1270.3659 | 1284.7841 |
| September | 1309.9329 | 1267.6781 | 1288.8726 |
| October | 1318.5579 | 1250.1149 | 1297.4811 |
| November | 1324.2084 | 1265.7495 | 1301.7358 |
| December | 1363.3436 | 1269.3554 | 1304.9988 |