YEARLY HIGH
1.8228 BOB
YEARLY LOW
1.5992 BOB
YEARLY AVERAGE
1.7486 BOB

2016 GHS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 1.8228. Conversely, the yearly low was recorded on November 30, dropping to 1.5992.

This high-to-low spread represents a total annual volatility of 0.2237 BOB. From a start-to-finish perspective, comparing the January average rate of 1.7752 to the December average rate of 1.6336, the exchange rate registered a net change of -7.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.8228 was down 15.43% compared to the 2015 peak of 2.1553, 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 9,114 BOB
2015 Average 9,187 BOB
Yearly Trough Low 7,996 BOB
Transaction Impact: A difference of 1,118.27 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8154
1.6171
JanuMarcMayJulySeptNove

GHS to BOB 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 1.7746, compared to 1.7226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0520 points.

H1 Avg (Jan–Jun) 1.7746
H2 Avg (Jul–Dec) 1.7226

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1484 BOB (High: 1.7476 / Low: 1.5992). On the other end, September was the most stable month, with a tight range of 0.0214 BOB (High: 1.7555 / Low: 1.7342).

November Spread (Volatile) ±0.1484
September Spread (Stable) ±0.0214

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 0.0802 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 1.7989) against the same month in 2015 (average: 1.7484), the exchange rate shifted by +0.0505 (+2.89%).

2016 Avg (May) 1.7989
2015 Avg (May) 1.7484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8100 1.7324 1.7752
February 1.7636 1.7116 1.7378
March 1.7837 1.7504 1.7728
April 1.8221 1.7657 1.7954
May 1.8228 1.7776 1.7989
June 1.7957 1.7393 1.7677
July 1.7538 1.7284 1.7461
August 1.7698 1.7384 1.7547
September 1.7555 1.7342 1.7468
October 1.7534 1.7314 1.7408
November 1.7476 1.5992 1.7138
December 1.6833 1.6015 1.6336