YEARLY HIGH
7973.5192 IRR
YEARLY LOW
6960.2709 IRR
YEARLY AVERAGE
7642.1975 IRR

2016 GHS to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 7973.5192. Conversely, the yearly low was recorded on November 30, dropping to 6960.2709.

This high-to-low spread represents a total annual volatility of 1013.2484 IRR. From a start-to-finish perspective, comparing the January average rate of 7709.8318 to the December average rate of 7098.2642, the exchange rate registered a net change of -7.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 7973.5192 was down 12.00% compared to the 2015 peak of 9060.3938, 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 39,867,596 IRR
2015 Average 38,467,262 IRR
Yearly Trough Low 34,801,354 IRR
Transaction Impact: A difference of 5,066,241.75 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7975.9115
7018.4781
JanuMarcMayJulySeptNove

GHS to IRR 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 7787.8771, compared to 7496.5178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 291.3593 points.

H1 Avg (Jan–Jun) 7787.8771
H2 Avg (Jul–Dec) 7496.5178

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 646.6135 IRR (High: 7606.8844 / Low: 6960.2709). On the other end, October was the most stable month, with a tight range of 90.5242 IRR (High: 7624.3696 / Low: 7533.8454).

November Spread (Volatile) ±646.6135
October Spread (Stable) ±90.5242

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 354.0068 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -354.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 7896.1254) against the same month in 2015 (average: 7185.3199), the exchange rate shifted by +710.8055 (+9.89%).

2016 Avg (May) 7896.1254
2015 Avg (May) 7185.3199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7862.6464 7524.8655 7709.8318
February 7766.3924 7434.0688 7607.2156
March 7887.5899 7706.6574 7836.2572
April 7972.7678 7824.3929 7894.3308
May 7973.5192 7823.9580 7896.1254
June 7892.3868 7609.1837 7783.5020
July 7720.7310 7572.8031 7634.5885
August 7700.7308 7564.6114 7627.1037
September 7633.9791 7537.6689 7595.9104
October 7624.3696 7533.8454 7570.9692
November 7606.8844 6960.2709 7452.2709
December 7305.9710 6964.9317 7098.2642