2011 MAD to GHS Historical Review

YEARLY HIGH

0.2009 GHS

YEARLY LOW

0.1668 GHS

YEARLY AVERAGE

0.1909 GHS

2011 MAD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.2009. Conversely, the yearly low was recorded on February 20, dropping to 0.1668.

This high-to-low spread represents a total annual volatility of 0.0342 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1799 to the December average rate of 0.1938, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2009 was up 8.80% compared to the 2010 peak of 0.1847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 1,005 GHS

2010 Average 852 GHS

Yearly Trough Low 834 GHS

Transaction Impact: A difference of 170.95 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1987

0.1782

JanuMarcMayJulySeptNove

MAD to GHS 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 0.1881, compared to 0.1936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1881

H2 Avg (Jul–Dec) 0.1936

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0260 GHS (High: 0.1927 / Low: 0.1668). On the other end, August was the most stable month, with a tight range of 0.0046 GHS (High: 0.1947 / Low: 0.1901).

February Spread (Volatile) ±0.0260

August Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.1970) against the same month in 2010 (average: 0.1767), the exchange rate shifted by +0.0203 (+11.51%).

2011 Avg (October) 0.1970

2010 Avg (October) 0.1767

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1913	0.1717	0.1799
February	0.1927	0.1668	0.1833
March	0.1926	0.1857	0.1894
April	0.1958	0.1881	0.1924
May	0.1975	0.1877	0.1914
June	0.1965	0.1890	0.1925
July	0.1948	0.1879	0.1912
August	0.1947	0.1901	0.1931
September	0.1935	0.1871	0.1907
October	0.2009	0.1901	0.1970
November	0.2001	0.1940	0.1959
December	0.1983	0.1907	0.1938