YEARLY HIGH
0.1934 GHS
YEARLY LOW
0.1757 GHS
YEARLY AVERAGE
0.1808 GHS

2016 ETB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 0.1934. Conversely, the yearly low was recorded on April 29, dropping to 0.1757.

This high-to-low spread represents a total annual volatility of 0.0176 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1832 to the December average rate of 0.1892, the exchange rate registered a net change of 3.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1934 was down 9.28% compared to the 2015 peak of 0.2132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 967 GHS
2015 Average 913 GHS
Yearly Trough Low 879 GHS
Transaction Impact: A difference of 88.21 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1905
0.1756
JanuMarcMayJulySeptNove

ETB 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 0.1805, compared to 0.1811 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) 0.1805
H2 Avg (Jul–Dec) 0.1811

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0154 GHS (High: 0.1928 / Low: 0.1774). On the other end, September was the most stable month, with a tight range of 0.0017 GHS (High: 0.1799 / Low: 0.1782).

November Spread (Volatile) ±0.0154
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and July, 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 0.0057 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1892) against the same month in 2015 (average: 0.1802), the exchange rate shifted by +0.0090 (+4.99%).

2016 Avg (December) 0.1892
2015 Avg (December) 0.1802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1877 0.1799 0.1832
February 0.1894 0.1820 0.1861
March 0.1832 0.1782 0.1803
April 0.1791 0.1757 0.1777
May 0.1780 0.1759 0.1768
June 0.1811 0.1759 0.1787
July 0.1812 0.1790 0.1798
August 0.1805 0.1767 0.1787
September 0.1799 0.1782 0.1791
October 0.1799 0.1773 0.1789
November 0.1928 0.1774 0.1809
December 0.1934 0.1844 0.1892