2011 NGN to GHS Historical Review

YEARLY HIGH

0.0103 GHS

YEARLY LOW

0.0089 GHS

YEARLY AVERAGE

0.0099 GHS

2011 NGN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0103. Conversely, the yearly low was recorded on February 20, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0014 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0099 to the December average rate of 0.0101, the exchange rate registered a net change of 2.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0103 was up 5.95% compared to the 2010 peak of 0.0098, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 10,336 GHS

2010 Average 9,485 GHS

Yearly Trough Low 8,935 GHS

Transaction Impact: A difference of 1,400.37 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0103

0.0096

JanuMarcMayJulySeptNove

NGN 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 0.0098, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0098

H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0014 GHS (High: 0.0103 / Low: 0.0089). On the other end, March was the most stable month, with a tight range of 0.0001 GHS (High: 0.0099 / Low: 0.0097).

February Spread (Volatile) ±0.0014

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0102) against the same month in 2010 (average: 0.0096), the exchange rate shifted by +0.0006 (+6.59%).

2011 Avg (November) 0.0102

2010 Avg (November) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0103	0.0096	0.0099
February	0.0103	0.0089	0.0099
March	0.0099	0.0097	0.0098
April	0.0099	0.0097	0.0098
May	0.0098	0.0096	0.0097
June	0.0100	0.0097	0.0097
July	0.0101	0.0098	0.0099
August	0.0103	0.0098	0.0099
September	0.0101	0.0098	0.0100
October	0.0103	0.0099	0.0101
November	0.0103	0.0101	0.0102
December	0.0102	0.0100	0.0101