YEARLY HIGH
0.5646 FJD
YEARLY LOW
0.4828 FJD
YEARLY AVERAGE
0.5288 FJD

2016 GHS to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.5646. Conversely, the yearly low was recorded on November 30, dropping to 0.4828.

This high-to-low spread represents a total annual volatility of 0.0818 FJD. From a start-to-finish perspective, comparing the January average rate of 0.5534 to the December average rate of 0.4964, the exchange rate registered a net change of -10.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5646 was down 13.42% compared to the 2015 peak of 0.6521, 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 2,823 FJD
2015 Average 2,778 FJD
Yearly Trough Low 2,414 FJD
Transaction Impact: A difference of 409.10 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5591
0.4907
JanuMarcMayJulySeptNove

GHS to FJD 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 0.5428, compared to 0.5148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 0.5428
H2 Avg (Jul–Dec) 0.5148

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0411 FJD (High: 0.5239 / Low: 0.4828). On the other end, August was the most stable month, with a tight range of 0.0086 FJD (High: 0.5231 / Low: 0.5145).

November Spread (Volatile) ±0.0411
August Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0174 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5534) against the same month in 2015 (average: 0.6149), the exchange rate shifted by -0.0615 (-10.00%).

2016 Avg (January) 0.5534
2015 Avg (January) 0.6149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5646 0.5402 0.5534
February 0.5500 0.5329 0.5382
March 0.5480 0.5371 0.5430
April 0.5452 0.5347 0.5399
May 0.5526 0.5373 0.5481
June 0.5500 0.5216 0.5339
July 0.5272 0.5162 0.5225
August 0.5231 0.5145 0.5201
September 0.5225 0.5129 0.5176
October 0.5246 0.5121 0.5182
November 0.5239 0.4828 0.5138
December 0.5088 0.4842 0.4964