2012 TOP to GHS Historical Review

YEARLY HIGH

1.1270 GHS

YEARLY LOW

0.9341 GHS

YEARLY AVERAGE

1.0645 GHS

2012 TOP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 1.1270. Conversely, the yearly low was recorded on January 1, dropping to 0.9341.

This high-to-low spread represents a total annual volatility of 0.1929 GHS. From a start-to-finish perspective, comparing the January average rate of 0.9710 to the December average rate of 1.0900, the exchange rate registered a net change of 12.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1270 was up 17.05% compared to the 2011 peak of 0.9629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,635 GHS

2011 Average 4,411 GHS

Yearly Trough Low 4,671 GHS

Transaction Impact: A difference of 964.59 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1252

0.9570

JanuMarcMayJulySeptNove

TOP 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 1.0349, compared to 1.0941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0593 points.

H1 Avg (Jan–Jun) 1.0349

H2 Avg (Jul–Dec) 1.0941

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0722 GHS (High: 1.1208 / Low: 1.0486). On the other end, December was the most stable month, with a tight range of 0.0199 GHS (High: 1.0999 / Low: 1.0800).

May Spread (Volatile) ±0.0722

December Spread (Stable) ±0.0199

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0160 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 1.1112) against the same month in 2011 (average: 0.9311), the exchange rate shifted by +0.1801 (+19.34%).

2012 Avg (August) 1.1112

2011 Avg (August) 0.9311

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9949	0.9341	0.9710
February	1.0299	0.9846	1.0002
March	1.0570	1.0015	1.0309
April	1.0900	1.0431	1.0621
May	1.1208	1.0486	1.0732
June	1.0858	1.0480	1.0717
July	1.1191	1.0784	1.0979
August	1.1270	1.1011	1.1112
September	1.1160	1.0772	1.0952
October	1.1081	1.0701	1.0838
November	1.1007	1.0630	1.0868
December	1.0999	1.0800	1.0900