2014 GHS to NGN Historical Review

YEARLY HIGH

68.0430 NGN

YEARLY LOW

41.8292 NGN

YEARLY AVERAGE

55.2400 NGN

2014 GHS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GHS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 68.0430. Conversely, the yearly low was recorded on August 19, dropping to 41.8292.

This high-to-low spread represents a total annual volatility of 26.2138 NGN. From a start-to-finish perspective, comparing the January average rate of 67.1664 to the December average rate of 56.8075, the exchange rate registered a net change of -15.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 68.0430 was down 17.92% compared to the 2013 peak of 82.9003, 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 340,215 NGN

2013 Average 386,920 NGN

Yearly Trough Low 209,146 NGN

Transaction Impact: A difference of 131,069.07 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

69.4238

42.3347

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 60.5142, compared to 49.9658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.5483 points.

H1 Avg (Jan–Jun) 60.5142

H2 Avg (Jul–Dec) 49.9658

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 7.6340 NGN (High: 50.3446 / Low: 42.7106). On the other end, October was the most stable month, with a tight range of 1.0047 NGN (High: 51.2447 / Low: 50.2401).

September Spread (Volatile) ±7.6340

October Spread (Stable) ±1.0047

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 4.8738 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.8738

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 67.1664) against the same month in 2013 (average: 82.4424), the exchange rate shifted by -15.2760 (-18.53%).

2014 Avg (January) 67.1664

2013 Avg (January) 82.4424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	68.0430	66.2090	67.1664
February	67.9890	64.1600	65.7610
March	64.5570	61.2607	63.5480
April	61.3586	56.8532	58.6742
May	56.8220	53.9098	55.5356
June	54.3913	49.7302	52.3997
July	50.0291	45.8808	48.0750
August	47.8930	41.8292	44.5921
September	50.3446	42.7106	45.8609
October	51.2447	50.2401	50.9703
November	55.8691	51.0381	53.4892
December	57.7695	55.9203	56.8075