2012 GHS to VEF Historical Review

YEARLY HIGH

2.6234 VEF

YEARLY LOW

2.1838 VEF

YEARLY AVERAGE

2.3261 VEF

2012 GHS to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GHS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.6234. Conversely, the yearly low was recorded on August 2, dropping to 2.1838.

This high-to-low spread represents a total annual volatility of 0.4396 VEF. From a start-to-finish perspective, comparing the January average rate of 2.5410 to the December average rate of 2.2639, the exchange rate registered a net change of -10.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.6234 was down 16.17% compared to the 2011 peak of 3.1292, 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 13,117 VEF

2011 Average 13,920 VEF

Yearly Trough Low 10,919 VEF

Transaction Impact: A difference of 2,197.82 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.5751

2.1654

JanuMarcMayJulySeptNove

GHS to VEF 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 2.4077, compared to 2.2445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1631 points.

H1 Avg (Jan–Jun) 2.4077

H2 Avg (Jul–Dec) 2.2445

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.1647 VEF (High: 2.6234 / Low: 2.4586). On the other end, December was the most stable month, with a tight range of 0.0274 VEF (High: 2.2790 / Low: 2.2516).

January Spread (Volatile) ±0.1647

December Spread (Stable) ±0.0274

Growth Streaks & Declines

Trends

Between July and October, 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 April and May, when the average rate fell by 0.0964 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0964

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 2.5410) against the same month in 2011 (average: 2.8586), the exchange rate shifted by -0.3176 (-11.11%).

2012 Avg (January) 2.5410

2011 Avg (January) 2.8586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6234	2.4586	2.5410
February	2.5548	2.4750	2.5373
March	2.5538	2.4083	2.4700
April	2.4199	2.3143	2.3771
May	2.3254	2.2536	2.2807
June	2.2819	2.2099	2.2399
July	2.2165	2.1862	2.1996
August	2.2243	2.1838	2.2064
September	2.2778	2.2155	2.2497
October	2.2931	2.2484	2.2739
November	2.2866	2.2500	2.2737
December	2.2790	2.2516	2.2639