YEARLY HIGH
108.6592 NGN
YEARLY LOW
102.5101 NGN
YEARLY AVERAGE
105.4407 NGN

2010 GHS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GHS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 108.6592. Conversely, the yearly low was recorded on December 31, dropping to 102.5101.

This high-to-low spread represents a total annual volatility of 6.1492 NGN. From a start-to-finish perspective, comparing the January average rate of 105.4846 to the December average rate of 104.2606, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 543,296 NGN
Yearly Average 527,204 NGN
Yearly Trough Low 512,550 NGN
Transaction Impact: A difference of 30,745.76 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

106.7530
103.6883
JanuMarcMayJulySeptNove

GHS to NGN 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 105.8232, compared to 105.0583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7648 points.

H1 Avg (Jan–Jun) 105.8232
H2 Avg (Jul–Dec) 105.0583

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 3.5752 NGN (High: 108.6592 / Low: 105.0840). On the other end, November was the most stable month, with a tight range of 1.3377 NGN (High: 105.0506 / Low: 103.7128).

September Spread (Volatile) ±3.5752
November Spread (Stable) ±1.3377

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 1.8420 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8420

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 106.3645.

2010 Avg (September) 106.3645
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.8168 104.3564 105.4846
February 107.2637 105.0794 105.6115
March 106.5446 104.8929 105.6905
April 106.8749 105.4252 106.0577
May 107.6688 105.8035 106.4976
June 106.5524 104.4972 105.5970
July 104.6883 103.1532 103.9437
August 105.6677 104.0145 104.8983
September 108.6592 105.0840 106.3645
October 108.1289 104.8151 106.3624
November 105.0506 103.7128 104.5204
December 105.8261 102.5101 104.2606