YEARLY HIGH
2316.0470 GNF
YEARLY LOW
1857.2781 GNF
YEARLY AVERAGE
2116.5023 GNF

2016 GHS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 2316.0470. Conversely, the yearly low was recorded on June 21, dropping to 1857.2781.

This high-to-low spread represents a total annual volatility of 458.7689 GNF. From a start-to-finish perspective, comparing the January average rate of 1987.8461 to the December average rate of 2190.0560, the exchange rate registered a net change of 10.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2316.0470 was up 3.91% compared to the 2015 peak of 2228.9980, 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 11,580,235 GNF
2015 Average 9,770,970 GNF
Yearly Trough Low 9,286,390 GNF
Transaction Impact: A difference of 2,293,844.67 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2331.1053
1893.3018
JanuMarcMayJulySeptNove

GHS to GNF 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 1967.4134, compared to 2265.5912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 298.1778 points.

H1 Avg (Jan–Jun) 1967.4134
H2 Avg (Jul–Dec) 2265.5912

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 433.5546 GNF (High: 2290.8327 / Low: 1857.2781). On the other end, April was the most stable month, with a tight range of 31.8833 GNF (High: 1991.0494 / Low: 1959.1661).

June Spread (Volatile) ±433.5546
April Spread (Stable) ±31.8833

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 70.4440 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -70.4440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 2294.6216) against the same month in 2015 (average: 1881.1806), the exchange rate shifted by +413.4410 (+21.98%).

2016 Avg (September) 2294.6216
2015 Avg (September) 1881.1806

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2025.4717 1939.0683 1987.8461
February 1970.4138 1907.5674 1941.0925
March 1984.5045 1949.1969 1974.4663
April 1991.0494 1959.1661 1979.8893
May 1990.9302 1898.1398 1929.7854
June 2290.8327 1857.2781 1991.4007
July 2290.2821 2232.3890 2267.0274
August 2310.0015 2252.5563 2294.1948
September 2316.0470 2272.9257 2294.6216
October 2306.4663 2270.9397 2287.1473
November 2308.2892 2117.2280 2260.5000
December 2272.0215 2123.7466 2190.0560