2011 GHS to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GHS to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GHS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 22.7419. Conversely, the yearly low was recorded on November 30, dropping to 15.8369.
This high-to-low spread represents a total annual volatility of 6.9051 MZN. From a start-to-finish perspective, comparing the January average rate of 21.5966 to the December average rate of 16.2594, the exchange rate registered a net change of -24.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 22.7419 was down 15.38% compared to the 2010 peak of 26.8759, 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 MZN 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 20.4076, compared to 17.0527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3549 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was February, with a trading range of 2.4911 MZN (High: 22.7419 / Low: 20.2508). On the other end, December was the most stable month, with a tight range of 0.3368 MZN (High: 16.4109 / Low: 16.0741).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.8464 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2011: 20.9599) against the same month in 2010 (average: 21.4652), the exchange rate shifted by -0.5053 (-2.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.4517 | 20.7085 | 21.5966 |
| February | 22.7419 | 20.2508 | 20.9599 |
| March | 20.5526 | 20.0554 | 20.3175 |
| April | 20.8537 | 20.0832 | 20.5484 |
| May | 20.8299 | 19.2803 | 19.9133 |
| June | 19.6336 | 18.5682 | 19.1100 |
| July | 18.7833 | 17.9252 | 18.3932 |
| August | 18.0762 | 17.3774 | 17.5468 |
| September | 17.6250 | 16.6524 | 17.2161 |
| October | 16.8111 | 16.1752 | 16.4842 |
| November | 16.7496 | 15.8369 | 16.4167 |
| December | 16.4109 | 16.0741 | 16.2594 |