YEARLY HIGH
34.2116 ISK
YEARLY LOW
25.5569 ISK
YEARLY AVERAGE
30.6403 ISK

2016 GHS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 34.2116. Conversely, the yearly low was recorded on December 6, dropping to 25.5569.

This high-to-low spread represents a total annual volatility of 8.6547 ISK. From a start-to-finish perspective, comparing the January average rate of 33.3938 to the December average rate of 26.5799, the exchange rate registered a net change of -20.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 34.2116 was down 17.72% compared to the 2015 peak of 41.5777, 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 171,058 ISK
2015 Average 175,455 ISK
Yearly Trough Low 127,784 ISK
Transaction Impact: A difference of 43,273.67 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

34.0752
25.8985
JanuMarcMayJulySeptNove

GHS to ISK 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 32.4555, compared to 28.8251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6304 points.

H1 Avg (Jan–Jun) 32.4555
H2 Avg (Jul–Dec) 28.8251

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.4524 ISK (High: 28.4179 / Low: 25.9655). On the other end, September was the most stable month, with a tight range of 0.6771 ISK (High: 29.3487 / Low: 28.6715).

November Spread (Volatile) ±2.4524
September Spread (Stable) ±0.6771

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 1.2367 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.2367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 33.3938) against the same month in 2015 (average: 40.3110), the exchange rate shifted by -6.9172 (-17.16%).

2016 Avg (January) 33.3938
2015 Avg (January) 40.3110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.2116 32.6049 33.3938
February 33.2304 31.6971 32.2715
March 33.4395 32.2990 32.8200
April 32.7384 31.9125 32.3541
May 32.5845 31.8212 32.2452
June 32.4568 30.8890 31.6485
July 31.2834 30.3144 30.8862
August 30.4524 29.3900 29.9436
September 29.3487 28.6715 28.9972
October 29.0541 28.3223 28.7272
November 28.4179 25.9655 27.8166
December 27.6616 25.5569 26.5799