YEARLY HIGH
0.6253 GHS
YEARLY LOW
0.5486 GHS
YEARLY AVERAGE
0.5723 GHS

2016 BOB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.6253. Conversely, the yearly low was recorded on May 3, dropping to 0.5486.

This high-to-low spread represents a total annual volatility of 0.0767 GHS. From a start-to-finish perspective, comparing the January average rate of 0.5635 to the December average rate of 0.6122, the exchange rate registered a net change of 8.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6253 was down 2.19% compared to the 2015 peak of 0.6393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,127 GHS
2015 Average 2,737 GHS
Yearly Trough Low 2,743 GHS
Transaction Impact: A difference of 383.63 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6179
0.5503
JanuMarcMayJulySeptNove

BOB 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 0.5636, compared to 0.5809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.5636
H2 Avg (Jul–Dec) 0.5809

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0531 GHS (High: 0.6253 / Low: 0.5722). On the other end, September was the most stable month, with a tight range of 0.0070 GHS (High: 0.5767 / Low: 0.5696).

November Spread (Volatile) ±0.0531
September Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0114 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.5838) against the same month in 2015 (average: 0.5526), the exchange rate shifted by +0.0312 (+5.64%).

2016 Avg (November) 0.5838
2015 Avg (November) 0.5526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5772 0.5525 0.5635
February 0.5842 0.5670 0.5754
March 0.5713 0.5606 0.5641
April 0.5663 0.5488 0.5570
May 0.5626 0.5486 0.5559
June 0.5750 0.5569 0.5657
July 0.5786 0.5702 0.5727
August 0.5752 0.5650 0.5699
September 0.5767 0.5696 0.5725
October 0.5776 0.5703 0.5744
November 0.6253 0.5722 0.5838
December 0.6244 0.5941 0.6122