2014 GHS to TOP Historical Review

YEARLY HIGH

0.7950 TOP

YEARLY LOW

0.4749 TOP

YEARLY AVERAGE

0.6313 TOP

2014 GHS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GHS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.7950. Conversely, the yearly low was recorded on August 19, dropping to 0.4749.

This high-to-low spread represents a total annual volatility of 0.3200 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7811 to the December average rate of 0.6128, the exchange rate registered a net change of -21.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7950 was down 14.40% compared to the 2013 peak of 0.9287, 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 3,975 TOP

2013 Average 4,349 TOP

Yearly Trough Low 2,375 TOP

Transaction Impact: A difference of 1,600.22 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8081

0.4843

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 0.6906, compared to 0.5721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1186 points.

H1 Avg (Jan–Jun) 0.6906

H2 Avg (Jul–Dec) 0.5721

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1058 TOP (High: 0.5984 / Low: 0.4926). On the other end, December was the most stable month, with a tight range of 0.0119 TOP (High: 0.6189 / Low: 0.6071).

September Spread (Volatile) ±0.1058

December Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0536 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.7811) against the same month in 2013 (average: 0.9121), the exchange rate shifted by -0.1309 (-14.36%).

2014 Avg (January) 0.7811

2013 Avg (January) 0.9121

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7950	0.7615	0.7811
February	0.7865	0.7253	0.7506
March	0.7323	0.6827	0.7160
April	0.6850	0.6485	0.6625
May	0.6547	0.6196	0.6364
June	0.6262	0.5641	0.5971
July	0.5662	0.5250	0.5458
August	0.5530	0.4749	0.5113
September	0.5984	0.4926	0.5360
October	0.6189	0.5994	0.6069
November	0.6268	0.6055	0.6196
December	0.6189	0.6071	0.6128