2016 ZAR to GHS Historical Review

YEARLY HIGH

0.3162 GHS

YEARLY LOW

0.2298 GHS

YEARLY AVERAGE

0.2696 GHS

2016 ZAR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.3162. Conversely, the yearly low was recorded on January 11, dropping to 0.2298.

This high-to-low spread represents a total annual volatility of 0.0864 GHS. From a start-to-finish perspective, comparing the January average rate of 0.2392 to the December average rate of 0.3057, the exchange rate registered a net change of 27.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3162 was down 13.03% compared to the 2015 peak of 0.3636, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 15,812 GHS

2015 Average 14,869 GHS

Yearly Trough Low 11,490 GHS

Transaction Impact: A difference of 4,321.61 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3123

0.2325

JanuMarcMayJulySeptNove

ZAR 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 0.2521, compared to 0.2870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0348 points.

H1 Avg (Jan–Jun) 0.2521

H2 Avg (Jul–Dec) 0.2870

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0306 GHS (High: 0.3075 / Low: 0.2769). On the other end, March was the most stable month, with a tight range of 0.0155 GHS (High: 0.2594 / Low: 0.2439).

November Spread (Volatile) ±0.0306

March Spread (Stable) ±0.0155

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 0.0115 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.3057) against the same month in 2015 (average: 0.2530), the exchange rate shifted by +0.0527 (+20.84%).

2016 Avg (December) 0.3057

2015 Avg (December) 0.2530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2508	0.2298	0.2392
February	0.2613	0.2422	0.2511
March	0.2594	0.2439	0.2512
April	0.2687	0.2523	0.2622
May	0.2684	0.2440	0.2507
June	0.2727	0.2455	0.2585
July	0.2841	0.2666	0.2742
August	0.2959	0.2688	0.2865
September	0.2939	0.2711	0.2813
October	0.2942	0.2769	0.2852
November	0.3075	0.2769	0.2890
December	0.3162	0.2960	0.3057