YEARLY HIGH
853.0597 MGA
YEARLY LOW
742.4691 MGA
YEARLY AVERAGE
805.2920 MGA

2016 GHS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 853.0597. Conversely, the yearly low was recorded on August 1, dropping to 742.4691.

This high-to-low spread represents a total annual volatility of 110.5906 MGA. From a start-to-finish perspective, comparing the January average rate of 825.1625 to the December average rate of 787.0132, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 853.0597 was down 16.51% compared to the 2015 peak of 1021.7017, 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 4,265,299 MGA
2015 Average 4,113,814 MGA
Yearly Trough Low 3,712,346 MGA
Transaction Impact: A difference of 552,952.99 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

844.7720
758.7038
JanuMarcMayJulySeptNove

GHS to MGA 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 826.2637, compared to 784.3204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.9433 points.

H1 Avg (Jan–Jun) 826.2637
H2 Avg (Jul–Dec) 784.3204

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 74.1041 MGA (High: 817.6312 / Low: 743.5271). On the other end, April was the most stable month, with a tight range of 12.8266 MGA (High: 838.3400 / Low: 825.5135).

July Spread (Volatile) ±74.1041
April Spread (Stable) ±12.8266

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 57.9213 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -57.9213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 837.5996) against the same month in 2015 (average: 741.5020), the exchange rate shifted by +96.0976 (+12.96%).

2016 Avg (June) 837.5996
2015 Avg (June) 741.5020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 842.8867 802.9901 825.1625
February 822.7308 792.0319 803.1478
March 845.3379 819.4199 831.2440
April 838.3400 825.5135 831.1931
May 847.3427 817.5034 829.2351
June 853.0597 820.3014 837.5996
July 817.6312 743.5271 779.6783
August 778.0689 742.4691 765.8762
September 782.9404 764.7018 770.1587
October 812.3071 781.5092 800.0465
November 818.2603 770.0604 803.1493
December 808.6157 769.2682 787.0132