YEARLY HIGH
2.1072 MOP
YEARLY LOW
1.8482 MOP
YEARLY AVERAGE
2.0269 MOP

2016 GHS to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 2.1072. Conversely, the yearly low was recorded on November 30, dropping to 1.8482.

This high-to-low spread represents a total annual volatility of 0.2590 MOP. From a start-to-finish perspective, comparing the January average rate of 2.0599 to the December average rate of 1.8866, the exchange rate registered a net change of -8.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1072 was down 15.53% compared to the 2015 peak of 2.4945, 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 10,536 MOP
2015 Average 10,623 MOP
Yearly Trough Low 9,241 MOP
Transaction Impact: A difference of 1,294.75 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1058
1.8667
JanuMarcMayJulySeptNove

GHS to MOP 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 2.0625, compared to 1.9912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0713 points.

H1 Avg (Jan–Jun) 2.0625
H2 Avg (Jul–Dec) 1.9912

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1706 MOP (High: 2.0188 / Low: 1.8482). On the other end, July was the most stable month, with a tight range of 0.0238 MOP (High: 2.0339 / Low: 2.0101).

November Spread (Volatile) ±0.1706
July Spread (Stable) ±0.0238

Growth Streaks & Declines

Trends

Between 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 0.0937 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 2.0858) against the same month in 2015 (average: 2.0231), the exchange rate shifted by +0.0627 (+3.10%).

2016 Avg (May) 2.0858
2015 Avg (May) 2.0231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0984 2.0132 2.0599
February 2.0604 1.9859 2.0207
March 2.0855 2.0444 2.0715
April 2.1054 2.0699 2.0856
May 2.1072 2.0653 2.0858
June 2.0861 2.0213 2.0517
July 2.0339 2.0101 2.0242
August 2.0445 2.0103 2.0266
September 2.0282 2.0031 2.0181
October 2.0271 1.9975 2.0113
November 2.0188 1.8482 1.9804
December 1.9408 1.8512 1.8866