2016 GHS to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GHS to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GHS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 24.1254. Conversely, the yearly low was recorded on February 15, dropping to 20.9957.
This high-to-low spread represents a total annual volatility of 3.1297 LRD. From a start-to-finish perspective, comparing the January average rate of 21.9943 to the December average rate of 21.7015, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 24.1254 was down 15.40% compared to the 2015 peak of 28.5157, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
GHS to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.5087, compared to 22.7585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2498 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 2.0819 LRD (High: 23.0807 / Low: 20.9988). On the other end, September was the most stable month, with a tight range of 0.3133 LRD (High: 23.2353 / Low: 22.9220).
Growth Streaks & Declines
TrendsBetween 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 0.8558 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 23.2849) against the same month in 2015 (average: 21.5780), the exchange rate shifted by +1.7069 (+7.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.3224 | 21.2796 | 21.9943 |
| February | 21.7713 | 20.9957 | 21.3092 |
| March | 22.0953 | 21.6010 | 21.9510 |
| April | 23.8528 | 21.9157 | 22.9687 |
| May | 23.8511 | 23.3574 | 23.6045 |
| June | 23.5641 | 22.8054 | 23.2246 |
| July | 23.0447 | 22.7077 | 22.8746 |
| August | 24.1254 | 22.6982 | 23.2849 |
| September | 23.2353 | 22.9220 | 23.1035 |
| October | 23.3301 | 22.6040 | 23.0289 |
| November | 23.0807 | 20.9988 | 22.5573 |
| December | 22.2473 | 21.0599 | 21.7015 |