2014 ZAR to GHS Historical Review

YEARLY HIGH

0.3645 GHS

YEARLY LOW

0.2136 GHS

YEARLY AVERAGE

0.2805 GHS

2014 ZAR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.3645. Conversely, the yearly low was recorded on January 29, dropping to 0.2136.

This high-to-low spread represents a total annual volatility of 0.1509 GHS. From a start-to-finish perspective, comparing the January average rate of 0.2197 to the December average rate of 0.2788, the exchange rate registered a net change of 26.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3645 was up 59.82% compared to the 2013 peak of 0.2281, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 18,225 GHS

2013 Average 10,708 GHS

Yearly Trough Low 10,678 GHS

Transaction Impact: A difference of 7,547.30 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3536

0.2075

JanuMarcMayJulySeptNove

ZAR 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 0.2538, compared to 0.3072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0534 points.

H1 Avg (Jan–Jun) 0.2538

H2 Avg (Jul–Dec) 0.3072

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0646 GHS (High: 0.3554 / Low: 0.2908). On the other end, November was the most stable month, with a tight range of 0.0097 GHS (High: 0.2945 / Low: 0.2848).

September Spread (Volatile) ±0.0646

November Spread (Stable) ±0.0097

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 0.0335 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.3414) against the same month in 2013 (average: 0.2099), the exchange rate shifted by +0.1315 (+62.66%).

2014 Avg (August) 0.3414

2013 Avg (August) 0.2099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2250	0.2136	0.2197
February	0.2387	0.2150	0.2273
March	0.2545	0.2352	0.2414
April	0.2682	0.2539	0.2622
May	0.2884	0.2689	0.2800
June	0.3081	0.2783	0.2920
July	0.3333	0.3034	0.3168
August	0.3645	0.3156	0.3414
September	0.3554	0.2908	0.3251
October	0.2980	0.2848	0.2917
November	0.2945	0.2848	0.2896
December	0.2908	0.2746	0.2788