2016 GHS to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GHS to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GHS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 614.5186. Conversely, the yearly low was recorded on June 21, dropping to 492.9043.
This high-to-low spread represents a total annual volatility of 121.6143 MNT. From a start-to-finish perspective, comparing the January average rate of 513.1579 to the December average rate of 584.5646, the exchange rate registered a net change of 13.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 614.5186 was up 1.41% compared to the 2015 peak of 606.0003, 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 MNT 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 517.4837, compared to 566.0629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 48.5792 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 57.2642 MNT (High: 576.9134 / Low: 519.6492). On the other end, May was the most stable month, with a tight range of 15.6947 MNT (High: 530.5980 / Low: 514.9033).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 18.8468 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 601.7458) against the same month in 2015 (average: 521.5141), the exchange rate shifted by +80.2317 (+15.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 522.7088 | 502.4102 | 513.1579 |
| February | 522.1994 | 497.4637 | 508.8884 |
| March | 533.6247 | 517.8591 | 529.5368 |
| April | 533.2812 | 515.2973 | 525.3148 |
| May | 530.5980 | 514.9033 | 523.4256 |
| June | 519.1258 | 492.9043 | 504.5788 |
| July | 523.0889 | 501.7840 | 511.5225 |
| August | 576.9134 | 519.6492 | 553.1128 |
| September | 575.4122 | 557.3901 | 565.0030 |
| October | 595.0541 | 569.4048 | 580.4287 |
| November | 614.5186 | 569.6152 | 601.7458 |
| December | 603.0072 | 571.2863 | 584.5646 |