YEARLY HIGH
2.1608 GHS
YEARLY LOW
1.8970 GHS
YEARLY AVERAGE
1.9737 GHS

2016 BBD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BBD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 2.1608. Conversely, the yearly low was recorded on May 1, dropping to 1.8970.

This high-to-low spread represents a total annual volatility of 0.2638 GHS. From a start-to-finish perspective, comparing the January average rate of 1.9461 to the December average rate of 2.1159, the exchange rate registered a net change of 8.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1608 was down 2.04% compared to the 2015 peak of 2.2059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,804 GHS
2015 Average 9,451 GHS
Yearly Trough Low 9,485 GHS
Transaction Impact: A difference of 1,319.19 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1360
1.8951
JanuMarcMayJulySeptNove

BBD 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 1.9398, compared to 2.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0679 points.

H1 Avg (Jan–Jun) 1.9398
H2 Avg (Jul–Dec) 2.0077

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1841 GHS (High: 2.1608 / Low: 1.9768). On the other end, July was the most stable month, with a tight range of 0.0238 GHS (High: 1.9872 / Low: 1.9634).

November Spread (Volatile) ±0.1841
July Spread (Stable) ±0.0238

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 0.0549 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 2.0190) against the same month in 2015 (average: 1.9084), the exchange rate shifted by +0.1106 (+5.80%).

2016 Avg (November) 2.0190
2015 Avg (November) 1.9084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9932 1.9079 1.9461
February 2.0171 1.9445 1.9834
March 1.9598 1.9160 1.9285
April 1.9313 1.8972 1.9152
May 1.9371 1.8970 1.9171
June 1.9787 1.9202 1.9483
July 1.9872 1.9634 1.9740
August 1.9880 1.9521 1.9713
September 1.9948 1.9703 1.9799
October 1.9963 1.9717 1.9860
November 2.1608 1.9768 2.0190
December 2.1594 2.0582 2.1159