YEARLY HIGH
0.5757 TND
YEARLY LOW
0.5027 TND
YEARLY AVERAGE
0.5434 TND

2016 GHS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.5757. Conversely, the yearly low was recorded on February 10, dropping to 0.5027.

This high-to-low spread represents a total annual volatility of 0.0730 TND. From a start-to-finish perspective, comparing the January average rate of 0.5250 to the December average rate of 0.5452, the exchange rate registered a net change of 3.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5757 was down 5.09% compared to the 2015 peak of 0.6066, 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 2,878 TND
2015 Average 2,609 TND
Yearly Trough Low 2,513 TND
Transaction Impact: A difference of 365.12 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5684
0.5046
JanuMarcMayJulySeptNove

GHS to TND 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 0.5290, compared to 0.5578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 0.5290
H2 Avg (Jul–Dec) 0.5578

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0428 TND (High: 0.5757 / Low: 0.5329). On the other end, September was the most stable month, with a tight range of 0.0067 TND (High: 0.5590 / Low: 0.5524).

November Spread (Volatile) ±0.0428
September Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between February and July, 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 November and December, when the average rate fell by 0.0179 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.5631) against the same month in 2015 (average: 0.5334), the exchange rate shifted by +0.0297 (+5.57%).

2016 Avg (November) 0.5631
2015 Avg (November) 0.5334

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5367 0.5123 0.5250
February 0.5264 0.5027 0.5099
March 0.5295 0.5194 0.5250
April 0.5311 0.5188 0.5255
May 0.5490 0.5210 0.5349
June 0.5620 0.5441 0.5534
July 0.5665 0.5553 0.5604
August 0.5629 0.5510 0.5585
September 0.5590 0.5524 0.5565
October 0.5709 0.5529 0.5627
November 0.5757 0.5329 0.5631
December 0.5634 0.5309 0.5452