2011 GHS to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GHS to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GHS to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 3474.9036. Conversely, the yearly low was recorded on October 2, dropping to 3017.2132.
This high-to-low spread represents a total annual volatility of 457.6905 ZMK. From a start-to-finish perspective, comparing the January average rate of 3180.9256 to the December average rate of 3131.4094, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 3474.9036 was down 5.93% compared to the 2010 peak of 3694.0843, 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 2011.
GHS to ZMK 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 3159.8057, compared to 3154.4472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3584 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was February, with a trading range of 426.1644 ZMK (High: 3474.9036 / Low: 3048.7392). On the other end, May was the most stable month, with a tight range of 43.6699 ZMK (High: 3172.3904 / Low: 3128.7205).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 82.1223 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2011: 3182.9834) against the same month in 2010 (average: 3275.6433), the exchange rate shifted by -92.6599 (-2.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3233.4998 | 3093.7878 | 3180.9256 |
| February | 3474.9036 | 3048.7392 | 3182.9834 |
| March | 3184.0192 | 3061.4037 | 3124.9042 |
| April | 3159.7924 | 3098.3143 | 3129.2100 |
| May | 3172.3904 | 3128.7205 | 3156.8112 |
| June | 3225.6686 | 3140.7870 | 3183.9996 |
| July | 3213.1206 | 3162.5379 | 3195.5323 |
| August | 3290.0841 | 3167.9283 | 3239.7673 |
| September | 3259.4146 | 3017.2132 | 3162.8955 |
| October | 3130.6782 | 3017.2132 | 3080.7732 |
| November | 3158.6392 | 3065.0658 | 3116.3057 |
| December | 3157.7300 | 3108.2027 | 3131.4094 |