2016 HNL to GHS Historical Review

YEARLY HIGH

0.1862 GHS

YEARLY LOW

0.1682 GHS

YEARLY AVERAGE

0.1734 GHS

2016 HNL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.1862. Conversely, the yearly low was recorded on May 4, dropping to 0.1682.

This high-to-low spread represents a total annual volatility of 0.0180 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1735 to the December average rate of 0.1817, the exchange rate registered a net change of 4.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1862 was down 8.22% compared to the 2015 peak of 0.2028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 931 GHS

2015 Average 871 GHS

Yearly Trough Low 841 GHS

Transaction Impact: A difference of 89.98 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1829

0.1685

JanuMarcMayJulySeptNove

HNL to GHS 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 0.1718, compared to 0.1750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1718

H2 Avg (Jul–Dec) 0.1750

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0139 GHS (High: 0.1862 / Low: 0.1723). On the other end, July was the most stable month, with a tight range of 0.0022 GHS (High: 0.1749 / Low: 0.1726).

November Spread (Volatile) ±0.0139

July Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0051 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.1753) against the same month in 2015 (average: 0.1738), the exchange rate shifted by +0.0015 (+0.88%).

2016 Avg (November) 0.1753

2015 Avg (November) 0.1738

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1771	0.1707	0.1735
February	0.1795	0.1721	0.1757
March	0.1732	0.1695	0.1706
April	0.1710	0.1682	0.1697
May	0.1711	0.1682	0.1697
June	0.1738	0.1695	0.1717
July	0.1749	0.1726	0.1733
August	0.1747	0.1708	0.1725
September	0.1749	0.1725	0.1733
October	0.1756	0.1719	0.1738
November	0.1862	0.1723	0.1753
December	0.1861	0.1762	0.1817