2014 GHS to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GHS to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GHS to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 10.9013. Conversely, the yearly low was recorded on August 19, dropping to 6.7366.
This high-to-low spread represents a total annual volatility of 4.1647 NIO. From a start-to-finish perspective, comparing the January average rate of 10.6601 to the December average rate of 8.2722, the exchange rate registered a net change of -22.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 10.9013 was down 15.38% compared to the 2013 peak of 12.8827, 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 2014.
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 9.5378, compared to 7.8310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7068 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 1.1882 NIO (High: 8.0678 / Low: 6.8796). On the other end, December was the most stable month, with a tight range of 0.0591 NIO (High: 8.3076 / Low: 8.2485).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.6190 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 10.6601) against the same month in 2013 (average: 12.7153), the exchange rate shifted by -2.0553 (-16.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.9013 | 10.4150 | 10.6601 |
| February | 10.6889 | 9.9085 | 10.2256 |
| March | 10.0606 | 9.5521 | 9.8565 |
| April | 9.5742 | 9.1206 | 9.3056 |
| May | 9.1090 | 8.5327 | 8.8532 |
| June | 8.6378 | 7.9356 | 8.3257 |
| July | 7.9781 | 7.3736 | 7.7067 |
| August | 7.7149 | 6.7366 | 7.1779 |
| September | 8.0678 | 6.8796 | 7.3665 |
| October | 8.2721 | 8.0146 | 8.1885 |
| November | 8.3409 | 8.1875 | 8.2742 |
| December | 8.3076 | 8.2485 | 8.2722 |