YEARLY HIGH
26.8497 CVE
YEARLY LOW
23.8572 CVE
YEARLY AVERAGE
25.2509 CVE

2016 GHS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 26.8497. Conversely, the yearly low was recorded on December 6, dropping to 23.8572.

This high-to-low spread represents a total annual volatility of 2.9926 CVE. From a start-to-finish perspective, comparing the January average rate of 26.0792 to the December average rate of 24.6973, the exchange rate registered a net change of -5.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 26.8497 was down 13.82% compared to the 2015 peak of 31.1551, 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 134,249 CVE
2015 Average 132,045 CVE
Yearly Trough Low 119,286 CVE
Transaction Impact: A difference of 14,962.91 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

26.2174
24.5592
JanuMarcMayJulySeptNove

GHS to CVE 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 25.4736, compared to 25.0283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4453 points.

H1 Avg (Jan–Jun) 25.4736
H2 Avg (Jul–Dec) 25.0283

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.8131 CVE (High: 25.9176 / Low: 24.1045). On the other end, September was the most stable month, with a tight range of 0.3706 CVE (High: 24.9935 / Low: 24.6229).

November Spread (Volatile) ±1.8131
September Spread (Stable) ±0.3706

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 1.0206 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 26.0792) against the same month in 2015 (average: 29.0187), the exchange rate shifted by -2.9395 (-10.13%).

2016 Avg (January) 26.0792
2015 Avg (January) 29.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.8497 25.4834 26.0792
February 26.0110 24.5791 25.0586
March 26.1630 25.3488 25.7210
April 25.6768 25.1139 25.4006
May 25.7578 25.0966 25.3870
June 25.7208 24.7615 25.1951
July 25.4000 25.0078 25.2219
August 25.1918 24.5636 24.9511
September 24.9935 24.6229 24.8408
October 25.6005 24.6399 25.1531
November 25.9176 24.1045 25.3057
December 25.5490 23.8572 24.6973