YEARLY HIGH
0.4754 BGN
YEARLY LOW
0.4229 BGN
YEARLY AVERAGE
0.4479 BGN

2016 GHS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4754. Conversely, the yearly low was recorded on December 6, dropping to 0.4229.

This high-to-low spread represents a total annual volatility of 0.0524 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4626 to the December average rate of 0.4381, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4754 was down 13.99% compared to the 2015 peak of 0.5526, 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 2,377 BGN
2015 Average 2,344 BGN
Yearly Trough Low 2,115 BGN
Transaction Impact: A difference of 262.06 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4650
0.4357
JanuMarcMayJulySeptNove

GHS to BGN 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 0.4518, compared to 0.4441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.4518
H2 Avg (Jul–Dec) 0.4441

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0355 BGN (High: 0.4623 / Low: 0.4267). On the other end, September was the most stable month, with a tight range of 0.0063 BGN (High: 0.4435 / Low: 0.4372).

November Spread (Volatile) ±0.0355
September Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, when the average rate fell by 0.0185 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4626) against the same month in 2015 (average: 0.5159), the exchange rate shifted by -0.0533 (-10.33%).

2016 Avg (January) 0.4626
2015 Avg (January) 0.5159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4754 0.4505 0.4626
February 0.4618 0.4351 0.4441
March 0.4622 0.4490 0.4554
April 0.4556 0.4444 0.4504
May 0.4575 0.4438 0.4516
June 0.4566 0.4373 0.4465
July 0.4506 0.4435 0.4475
August 0.4467 0.4358 0.4427
September 0.4435 0.4372 0.4407
October 0.4539 0.4378 0.4463
November 0.4623 0.4267 0.4491
December 0.4543 0.4229 0.4381