2014 TND to GHS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TND to GHS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TND to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 2.2519. Conversely, the yearly low was recorded on January 4, dropping to 1.4131.
This high-to-low spread represents a total annual volatility of 0.8388 GHS. From a start-to-finish perspective, comparing the January average rate of 1.4507 to the December average rate of 1.7257, the exchange rate registered a net change of 18.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 2.2519 was up 55.87% compared to the 2013 peak of 1.4447, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
TND to GHS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.6794, compared to 1.8949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2154 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 0.3630 GHS (High: 2.1813 / Low: 1.8182). On the other end, December was the most stable month, with a tight range of 0.0260 GHS (High: 1.7406 / Low: 1.7145).
Growth Streaks & Declines
TrendsBetween 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 0.2219 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2014: 2.1111) against the same month in 2013 (average: 1.2832), the exchange rate shifted by +0.8278 (+64.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.5050 | 1.4131 | 1.4507 |
| February | 1.6292 | 1.4921 | 1.5672 |
| March | 1.6987 | 1.6152 | 1.6443 |
| April | 1.7671 | 1.6962 | 1.7404 |
| May | 1.8497 | 1.7633 | 1.7982 |
| June | 1.9470 | 1.8267 | 1.8756 |
| July | 2.0506 | 1.9318 | 1.9738 |
| August | 2.2519 | 1.9694 | 2.1111 |
| September | 2.1813 | 1.8182 | 2.0147 |
| October | 1.8123 | 1.7788 | 1.7927 |
| November | 1.7814 | 1.7324 | 1.7513 |
| December | 1.7406 | 1.7145 | 1.7257 |