2014 GHS to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GHS to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GHS to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 206.0347. Conversely, the yearly low was recorded on August 19, dropping to 126.9539.
This high-to-low spread represents a total annual volatility of 79.0808 XAF. From a start-to-finish perspective, comparing the January average rate of 202.1333 to the December average rate of 166.3684, the exchange rate registered a net change of -17.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 206.0347 was down 22.51% compared to the 2013 peak of 265.8978, 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 XAF 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 178.2041, compared to 152.1385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.0655 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 26.9669 XAF (High: 158.4603 / Low: 131.4934). On the other end, October was the most stable month, with a tight range of 3.3277 XAF (High: 161.9435 / Low: 158.6158).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 11.4746 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2014: 202.1333) against the same month in 2013 (average: 259.5391), the exchange rate shifted by -57.4058 (-22.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 206.0347 | 196.6414 | 202.1333 |
| February | 203.1948 | 185.3051 | 192.9672 |
| March | 186.9661 | 177.4121 | 183.0943 |
| April | 177.5256 | 167.6495 | 171.9015 |
| May | 167.5721 | 159.5963 | 164.0801 |
| June | 161.6831 | 146.6563 | 155.0480 |
| July | 147.4759 | 138.5539 | 143.5734 |
| August | 145.1161 | 126.9539 | 135.6182 |
| September | 158.4603 | 131.4934 | 143.1271 |
| October | 161.9435 | 158.6158 | 160.2596 |
| November | 165.8106 | 161.2567 | 163.8843 |
| December | 168.8608 | 163.7046 | 166.3684 |