YEARLY HIGH
308.4337 IQD
YEARLY LOW
268.5340 IQD
YEARLY AVERAGE
288.7042 IQD

2016 GHS to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 308.4337. Conversely, the yearly low was recorded on November 30, dropping to 268.5340.

This high-to-low spread represents a total annual volatility of 39.8997 IQD. From a start-to-finish perspective, comparing the January average rate of 280.6399 to the December average rate of 277.6007, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 308.4337 was down 15.91% compared to the 2015 peak of 366.8032, 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 1,542,169 IQD
2015 Average 1,550,100 IQD
Yearly Trough Low 1,342,670 IQD
Transaction Impact: A difference of 199,498.29 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

303.5572
271.7880
JanuMarcMayJulySeptNove

GHS to IQD 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 286.7623, compared to 290.6461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8838 points.

H1 Avg (Jan–Jun) 286.7623
H2 Avg (Jul–Dec) 290.6461

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 25.0987 IQD (High: 293.6328 / Low: 268.5340). On the other end, October was the most stable month, with a tight range of 3.4765 IQD (High: 294.8133 / Low: 291.3368).

November Spread (Volatile) ±25.0987
October Spread (Stable) ±3.4765

Growth Streaks & Declines

Trends

Between February and June, 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 9.9534 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.9534

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 296.2123) against the same month in 2015 (average: 300.2170), the exchange rate shifted by -4.0047 (-1.33%).

2016 Avg (May) 296.2123
2015 Avg (May) 300.2170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 288.2312 273.0625 280.6399
February 279.9049 269.8351 274.4355
March 284.0707 277.7152 282.2379
April 291.7368 281.8179 286.1383
May 308.4337 287.3893 296.2123
June 307.5530 294.9423 300.9098
July 297.1625 293.5984 295.9345
August 298.1772 293.4435 295.7041
September 295.6152 291.9731 294.2212
October 294.8133 291.3368 292.8620
November 293.6328 268.5340 287.5541
December 286.8754 268.9946 277.6007