YEARLY HIGH
3.2514 GHS
YEARLY LOW
2.6652 GHS
YEARLY AVERAGE
2.9808 GHS

2016 CAD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CAD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 3.2514. Conversely, the yearly low was recorded on January 15, dropping to 2.6652.

This high-to-low spread represents a total annual volatility of 0.5862 GHS. From a start-to-finish perspective, comparing the January average rate of 2.7440 to the December average rate of 3.1739, the exchange rate registered a net change of 15.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.2514 was down 9.31% compared to the 2015 peak of 3.5853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,257 GHS
2015 Average 14,799 GHS
Yearly Trough Low 13,326 GHS
Transaction Impact: A difference of 2,931.02 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.2169
2.7010
JanuMarcMayJulySeptNove

CAD 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 2.9182, compared to 3.0435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1253 points.

H1 Avg (Jan–Jun) 2.9182
H2 Avg (Jul–Dec) 3.0435

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.2740 GHS (High: 3.2189 / Low: 2.9449). On the other end, February was the most stable month, with a tight range of 0.0590 GHS (High: 2.9013 / Low: 2.8423).

November Spread (Volatile) ±0.2740
February Spread (Stable) ±0.0590

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0266 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 3.1739) against the same month in 2015 (average: 2.7749), the exchange rate shifted by +0.3990 (+14.38%).

2016 Avg (December) 3.1739
2015 Avg (December) 2.7749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8488 2.6652 2.7440
February 2.9013 2.8423 2.8767
March 2.9617 2.8816 2.9181
April 3.0310 2.9239 2.9855
May 3.0546 2.9134 2.9625
June 3.0844 2.9321 3.0224
July 3.0626 2.9921 3.0300
August 3.0702 3.0052 3.0332
September 3.0730 2.9930 3.0247
October 3.0342 2.9664 2.9981
November 3.2189 2.9449 3.0010
December 3.2514 3.0963 3.1739