2016 GHS to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GHS to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GHS to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 1438.6121. Conversely, the yearly low was recorded on June 21, dropping to 998.7166.
This high-to-low spread represents a total annual volatility of 439.8956 SLL. From a start-to-finish perspective, comparing the January average rate of 1066.2275 to the December average rate of 1305.3374, the exchange rate registered a net change of 22.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1438.6121 was up 8.34% compared to the 2015 peak of 1327.9039, 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 SLL 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 1047.1602, compared to 1389.5100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 342.3498 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 321.4664 SLL (High: 1320.1830 / Low: 998.7166). On the other end, April was the most stable month, with a tight range of 13.5305 SLL (High: 1040.6674 / Low: 1027.1369).
Growth Streaks & Declines
TrendsBetween May and September, 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 November and December, when the average rate fell by 80.8484 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 1409.8715) against the same month in 2015 (average: 940.3220), the exchange rate shifted by +469.5495 (+49.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1100.2090 | 1034.0027 | 1066.2275 |
| February | 1050.4217 | 1023.5168 | 1032.6899 |
| March | 1059.1100 | 1038.0786 | 1048.8873 |
| April | 1040.6674 | 1027.1369 | 1035.5837 |
| May | 1040.3279 | 1020.4108 | 1029.3895 |
| June | 1320.1830 | 998.7166 | 1070.1831 |
| July | 1408.4314 | 1388.0013 | 1397.9630 |
| August | 1438.6121 | 1385.2073 | 1409.8715 |
| September | 1433.5599 | 1403.4937 | 1422.4108 |
| October | 1425.7972 | 1401.4204 | 1415.2915 |
| November | 1421.7699 | 1288.6216 | 1386.1858 |
| December | 1344.2708 | 1279.7682 | 1305.3374 |