2013 TOP to GHS Historical Review

YEARLY HIGH

1.2831 GHS

YEARLY LOW

1.0768 GHS

YEARLY AVERAGE

1.1519 GHS

2013 TOP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TOP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.2831. Conversely, the yearly low was recorded on January 10, dropping to 1.0768.

This high-to-low spread represents a total annual volatility of 0.2064 GHS. From a start-to-finish perspective, comparing the January average rate of 1.0964 to the December average rate of 1.2515, the exchange rate registered a net change of 14.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.2831 was up 13.85% compared to the 2012 peak of 1.1270, 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 6,416 GHS

2012 Average 5,323 GHS

Yearly Trough Low 5,384 GHS

Transaction Impact: A difference of 1,031.82 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.2670

1.0809

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 1.1142, compared to 1.1896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0755 points.

H1 Avg (Jan–Jun) 1.1142

H2 Avg (Jul–Dec) 1.1896

Volatility Range Comparison

Volatility

The most volatile month in 2013 was September, with a trading range of 0.0797 GHS (High: 1.2091 / Low: 1.1293). On the other end, March was the most stable month, with a tight range of 0.0178 GHS (High: 1.1132 / Low: 1.0954).

September Spread (Volatile) ±0.0797

March Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0128 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.2515) against the same month in 2012 (average: 1.0900), the exchange rate shifted by +0.1615 (+14.82%).

2013 Avg (December) 1.2515

2012 Avg (December) 1.0900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1047	1.0768	1.0964
February	1.1154	1.0927	1.1035
March	1.1132	1.0954	1.1046
April	1.1321	1.1025	1.1199
May	1.1462	1.1249	1.1365
June	1.1512	1.0930	1.1240
July	1.1372	1.0871	1.1112
August	1.1623	1.1203	1.1410
September	1.2091	1.1293	1.1811
October	1.2243	1.1999	1.2134
November	1.2493	1.2237	1.2395
December	1.2831	1.2245	1.2515