2011 GHS to NGN Historical Review

YEARLY HIGH

111.9157 NGN

YEARLY LOW

96.7523 NGN

YEARLY AVERAGE

100.9711 NGN

2011 GHS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GHS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 111.9157. Conversely, the yearly low was recorded on November 30, dropping to 96.7523.

This high-to-low spread represents a total annual volatility of 15.1634 NGN. From a start-to-finish perspective, comparing the January average rate of 101.5237 to the December average rate of 99.0292, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 111.9157 was up 3.00% compared to the 2010 peak of 108.6592, 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 559,578 NGN

2010 Average 527,186 NGN

Yearly Trough Low 483,761 NGN

Transaction Impact: A difference of 75,816.88 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

103.9718

97.5284

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 102.2708, compared to 99.6713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5996 points.

H1 Avg (Jan–Jun) 102.2708

H2 Avg (Jul–Dec) 99.6713

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 15.0153 NGN (High: 111.9157 / Low: 96.9004). On the other end, March was the most stable month, with a tight range of 1.2873 NGN (High: 102.6043 / Low: 101.3170).

February Spread (Volatile) ±15.0153

March Spread (Stable) ±1.2873

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 June and July, when the average rate fell by 2.1864 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.1864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 101.6235) against the same month in 2010 (average: 105.6115), the exchange rate shifted by -3.9880 (-3.78%).

2011 Avg (February) 101.6235

2010 Avg (February) 105.6115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	103.6327	97.1616	101.5237
February	111.9157	96.9004	101.6235
March	102.6043	101.3170	101.7535
April	103.3891	101.2681	102.5378
May	104.4911	102.4994	103.4348
June	103.4681	100.4423	102.7517
July	101.9061	98.7390	100.5654
August	102.1815	97.4245	100.7367
September	101.7798	99.2434	100.3867
October	101.3016	97.2028	99.2443
November	99.4631	96.7523	98.0653
December	100.3012	97.8927	99.0292