2014 PEN to GHS Historical Review

YEARLY HIGH

1.3767 GHS

YEARLY LOW

0.8328 GHS

YEARLY AVERAGE

1.0708 GHS

2014 PEN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 1.3767. Conversely, the yearly low was recorded on January 5, dropping to 0.8328.

This high-to-low spread represents a total annual volatility of 0.5439 GHS. From a start-to-finish perspective, comparing the January average rate of 0.8485 to the December average rate of 1.0815, the exchange rate registered a net change of 27.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3767 was up 62.31% compared to the 2013 peak of 0.8482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,883 GHS

2013 Average 3,820 GHS

Yearly Trough Low 4,164 GHS

Transaction Impact: A difference of 2,719.31 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3375

0.8040

JanuMarcMayJulySeptNove

PEN 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 0.9679, compared to 1.1736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2057 points.

H1 Avg (Jan–Jun) 0.9679

H2 Avg (Jul–Dec) 1.1736

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.2068 GHS (High: 1.3337 / Low: 1.1269). On the other end, December was the most stable month, with a tight range of 0.0227 GHS (High: 1.0944 / Low: 1.0717).

September Spread (Volatile) ±0.2068

December Spread (Stable) ±0.0227

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 0.1329 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 1.2931) against the same month in 2013 (average: 0.7543), the exchange rate shifted by +0.5388 (+71.44%).

2014 Avg (August) 1.2931

2013 Avg (August) 0.7543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8648	0.8328	0.8485
February	0.9172	0.8477	0.8857
March	0.9580	0.9096	0.9241
April	1.0069	0.9566	0.9905
May	1.0911	1.0066	1.0440
June	1.1706	1.0743	1.1147
July	1.2656	1.1660	1.2120
August	1.3767	1.2058	1.2931
September	1.3337	1.1269	1.2451
October	1.1284	1.1055	1.1122
November	1.1111	1.0881	1.0977
December	1.0944	1.0717	1.0815