YEARLY HIGH
0.1870 JOD
YEARLY LOW
0.1639 JOD
YEARLY AVERAGE
0.1796 JOD

2016 GHS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1870. Conversely, the yearly low was recorded on November 30, dropping to 0.1639.

This high-to-low spread represents a total annual volatility of 0.0230 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1823 to the December average rate of 0.1672, the exchange rate registered a net change of -8.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1870 was down 15.55% compared to the 2015 peak of 0.2214, 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 935 JOD
2015 Average 943 JOD
Yearly Trough Low 820 JOD
Transaction Impact: A difference of 115.16 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1868
0.1654
JanuMarcMayJulySeptNove

GHS to JOD 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 0.1827, compared to 0.1765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.1827
H2 Avg (Jul–Dec) 0.1765

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0153 JOD (High: 0.1792 / Low: 0.1639). On the other end, September was the most stable month, with a tight range of 0.0021 JOD (High: 0.1798 / Low: 0.1777).

November Spread (Volatile) ±0.0153
September Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0083 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1848) against the same month in 2015 (average: 0.1794), the exchange rate shifted by +0.0054 (+3.02%).

2016 Avg (May) 0.1848
2015 Avg (May) 0.1794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1860 0.1779 0.1823
February 0.1823 0.1756 0.1786
March 0.1851 0.1808 0.1837
April 0.1867 0.1836 0.1850
May 0.1870 0.1828 0.1848
June 0.1844 0.1789 0.1818
July 0.1805 0.1782 0.1794
August 0.1814 0.1781 0.1797
September 0.1798 0.1777 0.1789
October 0.1798 0.1774 0.1783
November 0.1792 0.1639 0.1755
December 0.1721 0.1641 0.1672