2016 GHS to NGN Historical Review

YEARLY HIGH

89.1368 NGN

YEARLY LOW

49.3264 NGN

YEARLY AVERAGE

65.0033 NGN

2016 GHS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 89.1368. Conversely, the yearly low was recorded on February 1, dropping to 49.3264.

This high-to-low spread represents a total annual volatility of 39.8105 NGN. From a start-to-finish perspective, comparing the January average rate of 51.1604 to the December average rate of 74.3129, the exchange rate registered a net change of 45.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 89.1368 was up 46.15% compared to the 2015 peak of 60.9881, 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 445,684 NGN

2015 Average 263,017 NGN

Yearly Trough Low 246,632 NGN

Transaction Impact: A difference of 199,052.30 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

84.9444

46.9987

JanuMarcMayJulySeptNove

GHS to NGN 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 52.3763, compared to 77.6303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.2540 points.

H1 Avg (Jan–Jun) 52.3763

H2 Avg (Jul–Dec) 77.6303

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 21.5525 NGN (High: 72.2750 / Low: 50.7225). On the other end, April was the most stable month, with a tight range of 0.8833 NGN (High: 52.4196 / Low: 51.5362).

June Spread (Volatile) ±21.5525

April Spread (Stable) ±0.8833

Growth Streaks & Declines

Trends

Between May and August, 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 3.4295 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.4295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 81.7822) against the same month in 2015 (average: 49.4939), the exchange rate shifted by +32.2883 (+65.24%).

2016 Avg (August) 81.7822

2015 Avg (August) 49.4939

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.1834	49.9136	51.1604
February	51.1656	49.3264	50.1609
March	51.9168	50.8474	51.5857
April	52.4196	51.5362	51.9668
May	52.4615	51.3883	51.9231
June	72.2750	50.7225	57.4608
July	81.0943	71.0009	74.1083
August	89.1368	79.2198	81.7822
September	79.7041	78.1282	79.0447
October	79.3212	78.0051	78.7910
November	79.4788	72.6595	77.7424
December	76.6939	71.6161	74.3129