YEARLY HIGH
2.3864 GHS
YEARLY LOW
2.0701 GHS
YEARLY AVERAGE
2.1998 GHS

2017 BBD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BBD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 2.3864. Conversely, the yearly low was recorded on April 23, dropping to 2.0701.

This high-to-low spread represents a total annual volatility of 0.3163 GHS. From a start-to-finish perspective, comparing the January average rate of 2.1455 to the December average rate of 2.2555, the exchange rate registered a net change of 5.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3864 was up 10.44% compared to the 2016 peak of 2.1608, 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 11,932 GHS
2016 Average 9,869 GHS
Yearly Trough Low 10,351 GHS
Transaction Impact: A difference of 1,581.54 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2812
2.0933
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 2.1791, compared to 2.2206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0415 points.

H1 Avg (Jan–Jun) 2.1791
H2 Avg (Jul–Dec) 2.2206

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.2388 GHS (High: 2.3864 / Low: 2.1476). On the other end, October was the most stable month, with a tight range of 0.0272 GHS (High: 2.2137 / Low: 2.1865).

March Spread (Volatile) ±0.2388
October Spread (Stable) ±0.0272

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1566 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 2.2656) against the same month in 2016 (average: 1.9285), the exchange rate shifted by +0.3371 (+17.48%).

2017 Avg (March) 2.2656
2016 Avg (March) 1.9285

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1827 2.1165 2.1455
February 2.3202 2.1658 2.2265
March 2.3864 2.1476 2.2656
April 2.1678 2.0701 2.1090
May 2.2005 2.0923 2.1400
June 2.2188 2.1323 2.1881
July 2.2107 2.1735 2.1933
August 2.2388 2.1920 2.2087
September 2.2636 2.1919 2.2146
October 2.2137 2.1865 2.1991
November 2.3235 2.2015 2.2522
December 2.2678 2.2332 2.2555