2011 GHS to SHP Historical Review

YEARLY HIGH

0.4480 SHP

YEARLY LOW

0.3824 SHP

YEARLY AVERAGE

0.4040 SHP

2011 GHS to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GHS to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.4480. Conversely, the yearly low was recorded on November 30, dropping to 0.3824.

This high-to-low spread represents a total annual volatility of 0.0656 SHP. From a start-to-finish perspective, comparing the January average rate of 0.4220 to the December average rate of 0.3907, the exchange rate registered a net change of -7.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4480 was down 8.78% compared to the 2010 peak of 0.4911, 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 2,240 SHP

2010 Average 2,259 SHP

Yearly Trough Low 1,912 SHP

Transaction Impact: A difference of 328.04 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4251

0.3876

JanuMarcMayJulySeptNove

GHS to SHP 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 0.4096, compared to 0.3985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.4096

H2 Avg (Jul–Dec) 0.3985

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0553 SHP (High: 0.4480 / Low: 0.3927). On the other end, December was the most stable month, with a tight range of 0.0088 SHP (High: 0.3957 / Low: 0.3869).

February Spread (Volatile) ±0.0553

December Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.0131 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.4120) against the same month in 2010 (average: 0.4483), the exchange rate shifted by -0.0362 (-8.08%).

2011 Avg (February) 0.4120

2010 Avg (February) 0.4483

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4355	0.4000	0.4220
February	0.4480	0.3927	0.4120
March	0.4117	0.3991	0.4062
April	0.4140	0.3993	0.4050
May	0.4107	0.3993	0.4052
June	0.4131	0.3996	0.4070
July	0.4147	0.4038	0.4090
August	0.4061	0.3969	0.4009
September	0.4122	0.4013	0.4065
October	0.4050	0.3877	0.3934
November	0.3964	0.3824	0.3907
December	0.3957	0.3869	0.3907