YEARLY HIGH
4.6580 EGP
YEARLY LOW
1.9434 EGP
YEARLY AVERAGE
2.5214 EGP

2016 GHS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 4.6580. Conversely, the yearly low was recorded on February 1, dropping to 1.9434.

This high-to-low spread represents a total annual volatility of 2.7146 EGP. From a start-to-finish perspective, comparing the January average rate of 2.0123 to the December average rate of 4.3446, the exchange rate registered a net change of 115.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.6580 was up 94.09% compared to the 2015 peak of 2.3999, 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 23,290 EGP
2015 Average 10,247 EGP
Yearly Trough Low 9,717 EGP
Transaction Impact: A difference of 13,572.99 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.5817
1.7375
JanuMarcMayJulySeptNove

GHS to EGP 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 2.1795, compared to 2.8632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6837 points.

H1 Avg (Jan–Jun) 2.1795
H2 Avg (Jul–Dec) 2.8632

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.2398 EGP (High: 4.4695 / Low: 2.2297). On the other end, September was the most stable month, with a tight range of 0.0266 EGP (High: 2.2515 / Low: 2.2249).

November Spread (Volatile) ±2.2398
September Spread (Stable) ±0.0266

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0381 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 4.3446) against the same month in 2015 (average: 2.0575), the exchange rate shifted by +2.2872 (+111.16%).

2016 Avg (December) 4.3446
2015 Avg (December) 2.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0516 1.9647 2.0123
February 2.0165 1.9434 1.9745
March 2.3174 1.9991 2.1798
April 2.3400 2.2988 2.3178
May 2.3407 2.2925 2.3155
June 2.3119 2.2430 2.2775
July 2.2615 2.2346 2.2489
August 2.2741 2.2333 2.2514
September 2.2515 2.2249 2.2412
October 2.2503 2.2228 2.2346
November 4.4695 2.2297 3.8587
December 4.6580 4.1350 4.3446