2016 GHS to ILS Historical Review

YEARLY HIGH

1.0302 ILS

YEARLY LOW

0.8835 ILS

YEARLY AVERAGE

0.9731 ILS

2016 GHS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.0302. Conversely, the yearly low was recorded on December 6, dropping to 0.8835.

This high-to-low spread represents a total annual volatility of 0.1467 ILS. From a start-to-finish perspective, comparing the January average rate of 1.0145 to the December average rate of 0.9045, the exchange rate registered a net change of -10.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0302 was down 16.46% compared to the 2015 peak of 1.2331, 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 5,151 ILS

2015 Average 5,172 ILS

Yearly Trough Low 4,418 ILS

Transaction Impact: A difference of 733.30 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0255

0.8935

JanuMarcMayJulySeptNove

GHS to ILS 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 0.9951, compared to 0.9512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0439 points.

H1 Avg (Jan–Jun) 0.9951

H2 Avg (Jul–Dec) 0.9512

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0846 ILS (High: 0.9719 / Low: 0.8873). On the other end, April was the most stable month, with a tight range of 0.0139 ILS (High: 0.9909 / Low: 0.9770).

November Spread (Volatile) ±0.0846

April Spread (Stable) ±0.0139

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 0.0473 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.0145) against the same month in 2015 (average: 1.2104), the exchange rate shifted by -0.1959 (-16.19%).

2016 Avg (January) 1.0145

2015 Avg (January) 1.2104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0302	0.9946	1.0145
February	1.0046	0.9721	0.9844
March	1.0149	0.9819	1.0019
April	0.9909	0.9770	0.9847
May	1.0114	0.9789	0.9945
June	1.0057	0.9737	0.9904
July	0.9881	0.9633	0.9765
August	0.9709	0.9515	0.9628
September	0.9581	0.9419	0.9507
October	0.9754	0.9440	0.9612
November	0.9719	0.8873	0.9517
December	0.9333	0.8835	0.9045