2014 NGN to GHS Historical Review

YEARLY HIGH

0.0239 GHS

YEARLY LOW

0.0147 GHS

YEARLY AVERAGE

0.0184 GHS

2014 NGN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.0239. Conversely, the yearly low was recorded on January 2, dropping to 0.0147.

This high-to-low spread represents a total annual volatility of 0.0092 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0149 to the December average rate of 0.0176, the exchange rate registered a net change of 18.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0239 was up 62.00% compared to the 2013 peak of 0.0148, 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 23,907 GHS

2013 Average 12,970 GHS

Yearly Trough Low 14,697 GHS

Transaction Impact: A difference of 9,210.17 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0232

0.0141

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 0.0167, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0167

H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0036 GHS (High: 0.0234 / Low: 0.0199). On the other end, October was the most stable month, with a tight range of 0.0004 GHS (High: 0.0199 / Low: 0.0195).

September Spread (Volatile) ±0.0036

October Spread (Stable) ±0.0004

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 0.0022 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.0225) against the same month in 2013 (average: 0.0131), the exchange rate shifted by +0.0093 (+71.11%).

2014 Avg (August) 0.0225

2013 Avg (August) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0151	0.0147	0.0149
February	0.0156	0.0147	0.0152
March	0.0163	0.0155	0.0157
April	0.0176	0.0163	0.0171
May	0.0185	0.0176	0.0180
June	0.0201	0.0184	0.0191
July	0.0218	0.0200	0.0208
August	0.0239	0.0209	0.0225
September	0.0234	0.0199	0.0219
October	0.0199	0.0195	0.0196
November	0.0196	0.0179	0.0187
December	0.0179	0.0173	0.0176