2012 GHS to TOP Historical Review

YEARLY HIGH

1.0705 TOP

YEARLY LOW

0.8873 TOP

YEARLY AVERAGE

0.9410 TOP

2012 GHS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GHS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0705. Conversely, the yearly low was recorded on August 2, dropping to 0.8873.

This high-to-low spread represents a total annual volatility of 0.1833 TOP. From a start-to-finish perspective, comparing the January average rate of 1.0303 to the December average rate of 0.9175, the exchange rate registered a net change of -10.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0705 was down 20.64% compared to the 2011 peak of 1.3489, 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 5,353 TOP

2011 Average 5,691 TOP

Yearly Trough Low 4,436 TOP

Transaction Impact: A difference of 916.26 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0433

0.8869

JanuMarcMayJulySeptNove

GHS to TOP 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 0.9679, compared to 0.9141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0538 points.

H1 Avg (Jan–Jun) 0.9679

H2 Avg (Jul–Dec) 0.9141

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0654 TOP (High: 1.0705 / Low: 1.0051). On the other end, December was the most stable month, with a tight range of 0.0168 TOP (High: 0.9259 / Low: 0.9091).

January Spread (Volatile) ±0.0654

December Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0304 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.0303) against the same month in 2011 (average: 1.2379), the exchange rate shifted by -0.2076 (-16.77%).

2012 Avg (January) 1.0303

2011 Avg (January) 1.2379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0705	1.0051	1.0303
February	1.0157	0.9710	0.9999
March	0.9985	0.9461	0.9703
April	0.9586	0.9174	0.9418
May	0.9537	0.8922	0.9321
June	0.9542	0.9210	0.9332
July	0.9273	0.8936	0.9110
August	0.9082	0.8873	0.9000
September	0.9283	0.8960	0.9131
October	0.9345	0.9024	0.9227
November	0.9407	0.9085	0.9202
December	0.9259	0.9091	0.9175