2016 GHS to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GHS to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GHS to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 900.5268. Conversely, the yearly low was recorded on December 27, dropping to 831.8319.
This high-to-low spread represents a total annual volatility of 68.6948 UGX. From a start-to-finish perspective, comparing the January average rate of 885.2732 to the December average rate of 849.8306, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 900.5268 was down 11.23% compared to the 2015 peak of 1014.4706, 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 UGX 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 871.5579, compared to 860.0908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.4671 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 61.5421 UGX (High: 900.5268 / Low: 838.9847). On the other end, September was the most stable month, with a tight range of 10.7876 UGX (High: 858.8417 / Low: 848.0541).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 32.1031 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 881.9338) against the same month in 2015 (average: 897.0911), the exchange rate shifted by -15.1573 (-1.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 899.3874 | 871.6540 | 885.2732 |
| February | 875.9289 | 855.9597 | 864.1505 |
| March | 879.6557 | 854.2716 | 871.5248 |
| April | 880.3343 | 864.4814 | 872.5280 |
| May | 881.7697 | 862.5399 | 872.2140 |
| June | 876.4650 | 849.0980 | 863.6568 |
| July | 863.5247 | 850.2708 | 855.9806 |
| August | 862.7660 | 849.0356 | 855.3072 |
| September | 858.8417 | 848.0541 | 853.8566 |
| October | 873.2338 | 849.5348 | 863.6358 |
| November | 900.5268 | 838.9847 | 881.9338 |
| December | 872.8715 | 831.8319 | 849.8306 |