2016 NOK to GHS Historical Review

YEARLY HIGH

0.5138 GHS

YEARLY LOW

0.4275 GHS

YEARLY AVERAGE

0.4702 GHS

2016 NOK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.5138. Conversely, the yearly low was recorded on January 6, dropping to 0.4275.

This high-to-low spread represents a total annual volatility of 0.0862 GHS. From a start-to-finish perspective, comparing the January average rate of 0.4419 to the December average rate of 0.4944, the exchange rate registered a net change of 11.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5138 was down 9.62% compared to the 2015 peak of 0.5684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,569 GHS

2015 Average 2,347 GHS

Yearly Trough Low 2,138 GHS

Transaction Impact: A difference of 431.17 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4997

0.4366

JanuMarcMayJulySeptNove

NOK 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 0.4598, compared to 0.4806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.4598

H2 Avg (Jul–Dec) 0.4806

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0415 GHS (High: 0.5068 / Low: 0.4653). On the other end, April was the most stable month, with a tight range of 0.0107 GHS (High: 0.4713 / Low: 0.4606).

November Spread (Volatile) ±0.0415

April Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0071 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4944) against the same month in 2015 (average: 0.4382), the exchange rate shifted by +0.0562 (+12.84%).

2016 Avg (December) 0.4944

2015 Avg (December) 0.4382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4604	0.4275	0.4419
February	0.4678	0.4473	0.4610
March	0.4624	0.4500	0.4556
April	0.4713	0.4606	0.4656
May	0.4770	0.4585	0.4655
June	0.4812	0.4594	0.4694
July	0.4745	0.4609	0.4663
August	0.4827	0.4650	0.4748
September	0.4962	0.4744	0.4820
October	0.4991	0.4796	0.4866
November	0.5068	0.4653	0.4795
December	0.5138	0.4777	0.4944