YEARLY HIGH
1.8129 DKK
YEARLY LOW
1.6088 DKK
YEARLY AVERAGE
1.7051 DKK

2016 GHS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.8129. Conversely, the yearly low was recorded on December 6, dropping to 1.6088.

This high-to-low spread represents a total annual volatility of 0.2041 DKK. From a start-to-finish perspective, comparing the January average rate of 1.7647 to the December average rate of 1.6658, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.8129 was down 14.00% compared to the 2015 peak of 2.1079, 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 9,065 DKK
2015 Average 8,940 DKK
Yearly Trough Low 8,044 DKK
Transaction Impact: A difference of 1,020.41 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.7746
1.6559
JanuMarcMayJulySeptNove

GHS to DKK 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 1.7207, compared to 1.6896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0311 points.

H1 Avg (Jan–Jun) 1.7207
H2 Avg (Jul–Dec) 1.6896

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1319 DKK (High: 1.7566 / Low: 1.6247). On the other end, September was the most stable month, with a tight range of 0.0247 DKK (High: 1.6891 / Low: 1.6644).

November Spread (Volatile) ±0.1319
September Spread (Stable) ±0.0247

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 0.0701 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.7647) against the same month in 2015 (average: 1.9633), the exchange rate shifted by -0.1986 (-10.11%).

2016 Avg (January) 1.7647
2015 Avg (January) 1.9633

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8129 1.7192 1.7647
February 1.7615 1.6602 1.6946
March 1.7630 1.7109 1.7362
April 1.7338 1.6928 1.7137
May 1.7389 1.6883 1.7173
June 1.7369 1.6657 1.6976
July 1.7142 1.6861 1.7026
August 1.6992 1.6601 1.6848
September 1.6891 1.6644 1.6781
October 1.7269 1.6669 1.6976
November 1.7566 1.6247 1.7086
December 1.7262 1.6088 1.6658