2014 MAD to GHS Historical Review

YEARLY HIGH

0.4627 GHS

YEARLY LOW

0.2836 GHS

YEARLY AVERAGE

0.3610 GHS

2014 MAD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.4627. Conversely, the yearly low was recorded on January 4, dropping to 0.2836.

This high-to-low spread represents a total annual volatility of 0.1792 GHS. From a start-to-finish perspective, comparing the January average rate of 0.2896 to the December average rate of 0.3585, the exchange rate registered a net change of 23.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4627 was up 59.13% compared to the 2013 peak of 0.2908, 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 2,314 GHS

2013 Average 1,230 GHS

Yearly Trough Low 1,418 GHS

Transaction Impact: A difference of 895.95 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4483

0.2751

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 0.3309, compared to 0.3912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0603 points.

H1 Avg (Jan–Jun) 0.3309

H2 Avg (Jul–Dec) 0.3912

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0743 GHS (High: 0.4482 / Low: 0.3738). On the other end, October was the most stable month, with a tight range of 0.0079 GHS (High: 0.3736 / Low: 0.3657).

September Spread (Volatile) ±0.0743

October Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0446 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.4339) against the same month in 2013 (average: 0.2518), the exchange rate shifted by +0.1821 (+72.32%).

2014 Avg (August) 0.4339

2013 Avg (August) 0.2518

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2974	0.2836	0.2896
February	0.3153	0.2885	0.3034
March	0.3292	0.3128	0.3189
April	0.3484	0.3295	0.3399
May	0.3664	0.3483	0.3561
June	0.3990	0.3619	0.3775
July	0.4235	0.3963	0.4079
August	0.4627	0.4047	0.4339
September	0.4482	0.3738	0.4142
October	0.3736	0.3657	0.3697
November	0.3677	0.3589	0.3629
December	0.3634	0.3540	0.3585