2016 GHS to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GHS to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GHS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 43.6900. Conversely, the yearly low was recorded on January 4, dropping to 35.3035.
This high-to-low spread represents a total annual volatility of 8.3865 AOA. From a start-to-finish perspective, comparing the January average rate of 38.2641 to the December average rate of 39.1137, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 43.6900 was up 13.35% compared to the 2015 peak of 38.5452, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
GHS to AOA 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 41.2992, compared to 41.2657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0334 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 5.2443 AOA (High: 40.5478 / Low: 35.3035). On the other end, July was the most stable month, with a tight range of 0.5056 AOA (High: 42.1626 / Low: 41.6570).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9175 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 42.7888) against the same month in 2015 (average: 28.3927), the exchange rate shifted by +14.3961 (+50.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.5478 | 35.3035 | 38.2641 |
| February | 40.8377 | 38.5556 | 39.6702 |
| March | 41.9046 | 40.5302 | 41.2842 |
| April | 43.6900 | 41.5772 | 42.7888 |
| May | 43.6868 | 42.7914 | 43.2410 |
| June | 43.1683 | 41.8344 | 42.5467 |
| July | 42.1626 | 41.6570 | 41.9459 |
| August | 42.4084 | 41.6433 | 41.9987 |
| September | 42.0284 | 41.5006 | 41.8161 |
| October | 41.9972 | 41.4793 | 41.6885 |
| November | 41.8991 | 38.3241 | 41.0313 |
| December | 40.2350 | 38.3421 | 39.1137 |