2010 GHS to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
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).
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 106.3645.
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 |