2016 FKP to GHS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FKP to GHS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FKP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 5.8736. Conversely, the yearly low was recorded on October 12, dropping to 4.8076.
This high-to-low spread represents a total annual volatility of 1.0660 GHS. From a start-to-finish perspective, comparing the January average rate of 5.6059 to the December average rate of 5.2870, the exchange rate registered a net change of -5.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 5.8736 was down 15.87% compared to the 2015 peak of 6.9813, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FKP to GHS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.5600, compared to 5.1299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4301 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 0.6842 GHS (High: 5.8736 / Low: 5.1894). On the other end, March was the most stable month, with a tight range of 0.1526 GHS (High: 5.5800 / Low: 5.4273).
Growth Streaks & Declines
TrendsBetween October and December, 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 June and July, when the average rate fell by 0.3418 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 5.5344) against the same month in 2015 (average: 6.6934), the exchange rate shifted by -1.1590 (-17.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.7200 | 5.5111 | 5.6059 |
| February | 5.8230 | 5.4143 | 5.6770 |
| March | 5.5800 | 5.4273 | 5.5016 |
| April | 5.5748 | 5.4015 | 5.4784 |
| May | 5.6675 | 5.4961 | 5.5626 |
| June | 5.8736 | 5.1894 | 5.5344 |
| July | 5.2747 | 5.0687 | 5.1926 |
| August | 5.2797 | 5.0468 | 5.1609 |
| September | 5.2996 | 5.1332 | 5.2057 |
| October | 5.1480 | 4.8076 | 4.9055 |
| November | 5.4073 | 4.8727 | 5.0274 |
| December | 5.4747 | 5.1142 | 5.2870 |