YEARLY HIGH
1.0027 GHS
YEARLY LOW
0.8639 GHS
YEARLY AVERAGE
0.9536 GHS

2016 MYR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1.0027. Conversely, the yearly low was recorded on January 10, dropping to 0.8639.

This high-to-low spread represents a total annual volatility of 0.1388 GHS. From a start-to-finish perspective, comparing the January average rate of 0.8990 to the December average rate of 0.9504, the exchange rate registered a net change of 5.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0027 was down 14.85% compared to the 2015 peak of 1.1776, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 20,055 GHS
2015 Average 19,445 GHS
Yearly Trough Low 17,278 GHS
Transaction Impact: A difference of 2,776.97 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9915
0.8906
JanuMarcMayJulySeptNove

MYR 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 0.9475, compared to 0.9597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.9475
H2 Avg (Jul–Dec) 0.9597

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0972 GHS (High: 0.9611 / Low: 0.8639). On the other end, September was the most stable month, with a tight range of 0.0211 GHS (High: 0.9760 / Low: 0.9548).

January Spread (Volatile) ±0.0972
September Spread (Stable) ±0.0211

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0335 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.9831) against the same month in 2015 (average: 0.9531), the exchange rate shifted by +0.0300 (+3.15%).

2016 Avg (July) 0.9831
2015 Avg (July) 0.9531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9611 0.8639 0.8990
February 0.9701 0.9256 0.9494
March 0.9843 0.9314 0.9496
April 0.9939 0.9706 0.9822
May 0.9775 0.9330 0.9487
June 0.9881 0.9257 0.9559
July 1.0027 0.9686 0.9831
August 0.9896 0.9657 0.9794
September 0.9760 0.9548 0.9637
October 0.9674 0.9408 0.9516
November 0.9673 0.9052 0.9297
December 0.9753 0.9232 0.9504