YEARLY HIGH
2.3644 GHS
YEARLY LOW
2.1037 GHS
YEARLY AVERAGE
2.2333 GHS

2016 BGN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 2.3644. Conversely, the yearly low was recorded on January 5, dropping to 2.1037.

This high-to-low spread represents a total annual volatility of 0.2607 GHS. From a start-to-finish perspective, comparing the January average rate of 2.1623 to the December average rate of 2.2832, the exchange rate registered a net change of 5.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3644 was down 7.32% compared to the 2015 peak of 2.5511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,822 GHS
2015 Average 10,725 GHS
Yearly Trough Low 10,519 GHS
Transaction Impact: A difference of 1,303.51 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.2953
2.1502
JanuMarcMayJulySeptNove

BGN 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 2.2143, compared to 2.2523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0380 points.

H1 Avg (Jan–Jun) 2.2143
H2 Avg (Jul–Dec) 2.2523

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1801 GHS (High: 2.3434 / Low: 2.1633). On the other end, September was the most stable month, with a tight range of 0.0326 GHS (High: 2.2873 / Low: 2.2546).

November Spread (Volatile) ±0.1801
September Spread (Stable) ±0.0326

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0562 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.2832) against the same month in 2015 (average: 2.1205), the exchange rate shifted by +0.1628 (+7.68%).

2016 Avg (December) 2.2832
2015 Avg (December) 2.1205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2198 2.1037 2.1623
February 2.2982 2.1656 2.2522
March 2.2271 2.1637 2.1960
April 2.2500 2.1950 2.2205
May 2.2531 2.1860 2.2146
June 2.2866 2.1903 2.2401
July 2.2546 2.2192 2.2345
August 2.2944 2.2386 2.2588
September 2.2873 2.2546 2.2690
October 2.2844 2.2031 2.2408
November 2.3434 2.1633 2.2275
December 2.3644 2.2013 2.2832