2016 GHS to MAD Historical Review

YEARLY HIGH

2.6110 MAD

YEARLY LOW

2.3202 MAD

YEARLY AVERAGE

2.4842 MAD

2016 GHS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.6110. Conversely, the yearly low was recorded on December 6, dropping to 2.3202.

This high-to-low spread represents a total annual volatility of 0.2908 MAD. From a start-to-finish perspective, comparing the January average rate of 2.5456 to the December average rate of 2.3870, the exchange rate registered a net change of -6.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6110 was down 13.83% compared to the 2015 peak of 3.0300, 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 13,055 MAD

2015 Average 12,964 MAD

Yearly Trough Low 11,601 MAD

Transaction Impact: A difference of 1,453.98 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.5615

2.3711

JanuMarcMayJulySeptNove

GHS to MAD 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 2.5127, compared to 2.4558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0569 points.

H1 Avg (Jan–Jun) 2.5127

H2 Avg (Jul–Dec) 2.4558

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1911 MAD (High: 2.5224 / Low: 2.3312). On the other end, July was the most stable month, with a tight range of 0.0326 MAD (High: 2.4976 / Low: 2.4650).

November Spread (Volatile) ±0.1911

July Spread (Stable) ±0.0326

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 0.0819 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0819

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.5456) against the same month in 2015 (average: 2.8724), the exchange rate shifted by -0.3267 (-11.38%).

2016 Avg (January) 2.5456

2015 Avg (January) 2.8724

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6110	2.4857	2.5456
February	2.5415	2.4295	2.4648
March	2.5569	2.4960	2.5299
April	2.5473	2.4949	2.5211
May	2.5409	2.4964	2.5228
June	2.5406	2.4559	2.4919
July	2.4976	2.4650	2.4837
August	2.4871	2.4387	2.4675
September	2.4690	2.4352	2.4550
October	2.5004	2.4414	2.4728
November	2.5224	2.3312	2.4689
December	2.4685	2.3202	2.3870