2016 GHS to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GHS to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GHS to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 76.3232. Conversely, the yearly low was recorded on December 6, dropping to 67.6708.
This high-to-low spread represents a total annual volatility of 8.6524 HUF. From a start-to-finish perspective, comparing the January average rate of 74.3465 to the December average rate of 69.8901, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 76.3232 was down 12.82% compared to the 2015 peak of 87.5506, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
GHS to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 72.2043, compared to 70.4194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7850 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 4.9942 HUF (High: 72.6649 / Low: 67.6708). On the other end, April was the most stable month, with a tight range of 1.1096 HUF (High: 72.3742 / Low: 71.2646).
Growth Streaks & Declines
TrendsBetween 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 3.9208 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 74.3465) against the same month in 2015 (average: 83.3262), the exchange rate shifted by -8.9797 (-10.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.3232 | 72.0979 | 74.3465 |
| February | 73.2734 | 69.2000 | 70.4256 |
| March | 73.2619 | 71.3212 | 72.4352 |
| April | 72.3742 | 71.2646 | 71.7575 |
| May | 73.8441 | 70.6116 | 72.6185 |
| June | 73.4325 | 70.0612 | 71.6428 |
| July | 72.6060 | 70.5185 | 71.9472 |
| August | 70.8715 | 69.1367 | 70.1957 |
| September | 70.3449 | 68.2878 | 69.5265 |
| October | 71.6273 | 68.5469 | 70.0562 |
| November | 73.0067 | 68.2391 | 70.9004 |
| December | 72.6649 | 67.6708 | 69.8901 |