YEARLY HIGH
0.0649 GHS
YEARLY LOW
0.0555 GHS
YEARLY AVERAGE
0.0583 GHS

2016 AFN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0649. Conversely, the yearly low was recorded on May 4, dropping to 0.0555.

This high-to-low spread represents a total annual volatility of 0.0095 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0567 to the December average rate of 0.0638, the exchange rate registered a net change of 12.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0649 was down 12.95% compared to the 2015 peak of 0.0746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 325 GHS
2015 Average 309 GHS
Yearly Trough Low 277 GHS
Transaction Impact: A difference of 47.25 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0646
0.0551
JanuMarcMayJulySeptNove

AFN 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 0.0565, compared to 0.0601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0565
H2 Avg (Jul–Dec) 0.0601

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0051 GHS (High: 0.0649 / Low: 0.0597). On the other end, October was the most stable month, with a tight range of 0.0007 GHS (High: 0.0606 / Low: 0.0599).

November Spread (Volatile) ±0.0051
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and December, 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 February and March, when the average rate fell by 0.0013 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0638) against the same month in 2015 (average: 0.0564), the exchange rate shifted by +0.0074 (+13.16%).

2016 Avg (December) 0.0638
2015 Avg (December) 0.0564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0581 0.0556 0.0567
February 0.0588 0.0567 0.0576
March 0.0571 0.0558 0.0563
April 0.0564 0.0555 0.0560
May 0.0563 0.0555 0.0559
June 0.0579 0.0556 0.0564
July 0.0579 0.0572 0.0575
August 0.0603 0.0576 0.0586
September 0.0605 0.0584 0.0594
October 0.0606 0.0599 0.0603
November 0.0649 0.0597 0.0609
December 0.0649 0.0619 0.0638