YEARLY HIGH
0.0419 GHS
YEARLY LOW
0.0372 GHS
YEARLY AVERAGE
0.0396 GHS

2016 CVE to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0419. Conversely, the yearly low was recorded on January 5, dropping to 0.0372.

This high-to-low spread represents a total annual volatility of 0.0047 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0384 to the December average rate of 0.0405, the exchange rate registered a net change of 5.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0419 was down 7.40% compared to the 2015 peak of 0.0453, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210 GHS
2015 Average 190 GHS
Yearly Trough Low 186 GHS
Transaction Impact: A difference of 23.36 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0407
0.0381
JanuMarcMayJulySeptNove

CVE 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 0.0393, compared to 0.0400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0393
H2 Avg (Jul–Dec) 0.0400

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0029 GHS (High: 0.0415 / Low: 0.0386). On the other end, September was the most stable month, with a tight range of 0.0006 GHS (High: 0.0406 / Low: 0.0400).

November Spread (Volatile) ±0.0029
September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0405) against the same month in 2015 (average: 0.0376), the exchange rate shifted by +0.0029 (+7.64%).

2016 Avg (December) 0.0405
2015 Avg (December) 0.0376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0392 0.0372 0.0384
February 0.0407 0.0384 0.0399
March 0.0394 0.0382 0.0389
April 0.0398 0.0389 0.0394
May 0.0398 0.0388 0.0394
June 0.0404 0.0389 0.0397
July 0.0400 0.0394 0.0396
August 0.0407 0.0397 0.0401
September 0.0406 0.0400 0.0403
October 0.0406 0.0391 0.0398
November 0.0415 0.0386 0.0395
December 0.0419 0.0391 0.0405