2011 GHS to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GHS to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GHS to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 14.9783. Conversely, the yearly low was recorded on February 3, dropping to 12.6208.
This high-to-low spread represents a total annual volatility of 2.3575 NIO. From a start-to-finish perspective, comparing the January average rate of 13.2040 to the December average rate of 13.9810, the exchange rate registered a net change of 5.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 14.9783 was up 6.31% compared to the 2010 peak of 14.0895, 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 NIO 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 13.9234, compared to 14.3841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4606 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was February, with a trading range of 1.8572 NIO (High: 14.4779 / Low: 12.6208). On the other end, May was the most stable month, with a tight range of 0.1678 NIO (High: 14.8314 / Low: 14.6637).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4682 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2011: 14.8345) against the same month in 2010 (average: 13.5505), the exchange rate shifted by +1.2840 (+9.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.4336 | 12.6810 | 13.2040 |
| February | 14.4779 | 12.6208 | 13.2190 |
| March | 13.1902 | 12.9966 | 13.0768 |
| April | 14.8469 | 13.2267 | 14.5220 |
| May | 14.8314 | 14.6637 | 14.7606 |
| June | 14.8600 | 14.6719 | 14.7582 |
| July | 14.9783 | 14.7061 | 14.8345 |
| August | 14.8988 | 14.6531 | 14.7896 |
| September | 14.8004 | 14.1925 | 14.5459 |
| October | 14.2525 | 13.9016 | 14.0777 |
| November | 14.2316 | 13.7303 | 14.0759 |
| December | 14.0984 | 13.8838 | 13.9810 |