2016 GHS to AFN Historical Review

YEARLY HIGH

18.0271 AFN

YEARLY LOW

15.4029 AFN

YEARLY AVERAGE

17.1879 AFN

2016 GHS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 18.0271. Conversely, the yearly low was recorded on December 31, dropping to 15.4029.

This high-to-low spread represents a total annual volatility of 2.6241 AFN. From a start-to-finish perspective, comparing the January average rate of 17.6262 to the December average rate of 15.6823, the exchange rate registered a net change of -11.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 18.0271 was down 2.80% compared to the 2015 peak of 18.5471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90,135 AFN

2015 Average 81,361 AFN

Yearly Trough Low 77,015 AFN

Transaction Impact: A difference of 13,120.72 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

18.1233

15.4604

JanuMarcMayJulySeptNove

GHS to AFN 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 17.7084, compared to 16.6674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0411 points.

H1 Avg (Jan–Jun) 17.7084

H2 Avg (Jul–Dec) 16.6674

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.3296 AFN (High: 16.7481 / Low: 15.4185). On the other end, October was the most stable month, with a tight range of 0.1918 AFN (High: 16.6922 / Low: 16.5004).

November Spread (Volatile) ±1.3296

October Spread (Stable) ±0.1918

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.7525 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 17.9014) against the same month in 2015 (average: 14.8825), the exchange rate shifted by +3.0189 (+20.28%).

2016 Avg (May) 17.9014

2015 Avg (May) 14.8825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9980	17.2183	17.6262
February	17.6472	17.0210	17.3609
March	17.9164	17.5092	17.7555
April	18.0236	17.7400	17.8698
May	18.0271	17.7740	17.9014
June	17.9811	17.2601	17.7368
July	17.4822	17.2616	17.3990
August	17.3588	16.5728	17.0676
September	17.1190	16.5399	16.8378
October	16.6922	16.5004	16.5827
November	16.7481	15.4185	16.4348
December	16.1455	15.4029	15.6823