YEARLY HIGH
0.5944 TOP
YEARLY LOW
0.5191 TOP
YEARLY AVERAGE
0.5708 TOP

2016 GHS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.5944. Conversely, the yearly low was recorded on December 6, dropping to 0.5191.

This high-to-low spread represents a total annual volatility of 0.0753 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5796 to the December average rate of 0.5376, the exchange rate registered a net change of -7.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5944 was down 10.40% compared to the 2015 peak of 0.6634, 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 2,972 TOP
2015 Average 2,817 TOP
Yearly Trough Low 2,596 TOP
Transaction Impact: A difference of 376.28 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5923
0.5327
JanuMarcMayJulySeptNove

GHS to TOP 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 0.5805, compared to 0.5611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.5805
H2 Avg (Jul–Dec) 0.5611

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0493 TOP (High: 0.5696 / Low: 0.5203). On the other end, March was the most stable month, with a tight range of 0.0074 TOP (High: 0.5869 / Low: 0.5794).

November Spread (Volatile) ±0.0493
March Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0171 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.5761) against the same month in 2015 (average: 0.4870), the exchange rate shifted by +0.0890 (+18.28%).

2016 Avg (June) 0.5761
2015 Avg (June) 0.4870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5865 0.5693 0.5796
February 0.5855 0.5646 0.5738
March 0.5869 0.5794 0.5842
April 0.5874 0.5766 0.5819
May 0.5921 0.5812 0.5873
June 0.5944 0.5639 0.5761
July 0.5806 0.5665 0.5737
August 0.5766 0.5669 0.5729
September 0.5720 0.5609 0.5680
October 0.5676 0.5522 0.5595
November 0.5696 0.5203 0.5547
December 0.5521 0.5191 0.5376