2016 GHS to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GHS to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GHS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 342.9570. Conversely, the yearly low was recorded on July 7, dropping to 295.1483.
This high-to-low spread represents a total annual volatility of 47.8087 MMK. From a start-to-finish perspective, comparing the January average rate of 333.9476 to the December average rate of 318.5903, the exchange rate registered a net change of -4.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 342.9570 was down 0.55% compared to the 2015 peak of 344.8601, 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 MMK 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 313.8196, compared to 312.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8043 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 26.9221 MMK (High: 331.9530 / Low: 305.0309). On the other end, July was the most stable month, with a tight range of 5.9595 MMK (High: 301.1078 / Low: 295.1483).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 19.7057 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 333.9476) against the same month in 2015 (average: 315.6519), the exchange rate shifted by +18.2957 (+5.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 342.9570 | 325.0267 | 333.9476 |
| February | 324.8341 | 307.1896 | 314.2419 |
| March | 318.8930 | 312.7940 | 315.3582 |
| April | 317.0751 | 303.9843 | 308.7985 |
| May | 308.8834 | 302.6301 | 305.8987 |
| June | 310.7551 | 297.5510 | 304.6729 |
| July | 301.1078 | 295.1483 | 298.5406 |
| August | 308.3723 | 297.7179 | 302.6067 |
| September | 317.1744 | 303.0139 | 310.3707 |
| October | 325.0756 | 314.8450 | 320.5470 |
| November | 326.2912 | 304.2873 | 321.4369 |
| December | 331.9530 | 305.0309 | 318.5903 |