YEARLY HIGH
4.6302 GHS
YEARLY LOW
4.1067 GHS
YEARLY AVERAGE
4.3681 GHS

2016 EUR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 4.6302. Conversely, the yearly low was recorded on January 5, dropping to 4.1067.

This high-to-low spread represents a total annual volatility of 0.5234 GHS. From a start-to-finish perspective, comparing the January average rate of 4.2293 to the December average rate of 4.4644, the exchange rate registered a net change of 5.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.6302 was down 7.24% compared to the 2015 peak of 4.9915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,151 GHS
2015 Average 20,972 GHS
Yearly Trough Low 20,534 GHS
Transaction Impact: A difference of 2,617.08 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.4879
4.2058
JanuMarcMayJulySeptNove

EUR 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 4.3314, compared to 4.4047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0733 points.

H1 Avg (Jan–Jun) 4.3314
H2 Avg (Jul–Dec) 4.4047

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.3521 GHS (High: 4.5783 / Low: 4.2262). On the other end, September was the most stable month, with a tight range of 0.0755 GHS (High: 4.4800 / Low: 4.4046).

November Spread (Volatile) ±0.3521
September Spread (Stable) ±0.0755

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 0.1085 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 4.4644) against the same month in 2015 (average: 4.1493), the exchange rate shifted by +0.3151 (+7.59%).

2016 Avg (December) 4.4644
2015 Avg (December) 4.1493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.3464 4.1067 4.2293
February 4.4994 4.2312 4.4059
March 4.3617 4.2305 4.2975
April 4.4004 4.2888 4.3436
May 4.4132 4.2780 4.3301
June 4.4767 4.2826 4.3820
July 4.4120 4.3342 4.3699
August 4.4840 4.3805 4.4170
September 4.4800 4.4046 4.4390
October 4.4641 4.3047 4.3831
November 4.5783 4.2262 4.3551
December 4.6302 4.2892 4.4644