2016 GHS to VEF Historical Review

YEARLY HIGH

2.6288 VEF

YEARLY LOW

1.5659 VEF

YEARLY AVERAGE

2.2951 VEF

2016 GHS to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 2.6288. Conversely, the yearly low was recorded on February 1, dropping to 1.5659.

This high-to-low spread represents a total annual volatility of 1.0629 VEF. From a start-to-finish perspective, comparing the January average rate of 1.6241 to the December average rate of 2.3573, the exchange rate registered a net change of 45.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6288 was up 33.52% compared to the 2015 peak of 1.9689, 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 13,144 VEF

2015 Average 8,405 VEF

Yearly Trough Low 7,829 VEF

Transaction Impact: A difference of 5,314.40 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.7047

1.4922

JanuMarcMayJulySeptNove

GHS to VEF 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 2.1035, compared to 2.4867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3833 points.

H1 Avg (Jan–Jun) 2.1035

H2 Avg (Jul–Dec) 2.4867

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.2142 VEF (High: 2.5236 / Low: 2.3094). On the other end, September was the most stable month, with a tight range of 0.0314 VEF (High: 2.5323 / Low: 2.5008).

November Spread (Volatile) ±0.2142

September Spread (Stable) ±0.0314

Growth Streaks & Declines

Trends

Between 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 0.1149 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 2.6008) against the same month in 2015 (average: 1.5994), the exchange rate shifted by +1.0014 (+62.61%).

2016 Avg (May) 2.6008

2015 Avg (May) 1.5994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6565	1.5855	1.6241
February	1.6243	1.5659	1.5932
March	1.6488	1.6125	1.6397
April	2.6279	2.5826	2.6037
May	2.6288	2.5743	2.6008
June	2.5963	2.5215	2.5592
July	2.5532	2.5102	2.5288
August	2.5556	2.5091	2.5304
September	2.5323	2.5008	2.5197
October	2.5303	2.4985	2.5119
November	2.5236	2.3094	2.4722
December	2.4266	2.3110	2.3573