YEARLY HIGH
2.8305 GHS
YEARLY LOW
2.2541 GHS
YEARLY AVERAGE
2.5425 GHS

2017 BGN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 2.8305. Conversely, the yearly low was recorded on January 3, dropping to 2.2541.

This high-to-low spread represents a total annual volatility of 0.5764 GHS. From a start-to-finish perspective, comparing the January average rate of 2.3327 to the December average rate of 2.7319, the exchange rate registered a net change of 17.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.8305 was up 19.71% compared to the 2016 peak of 2.3644, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,152 GHS
2016 Average 11,166 GHS
Yearly Trough Low 11,270 GHS
Transaction Impact: A difference of 2,882.00 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.7741
2.2673
JanuMarcMayJulySeptNove

BGN 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 2.4125, compared to 2.6725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2600 points.

H1 Avg (Jan–Jun) 2.4125
H2 Avg (Jul–Dec) 2.6725

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.2217 GHS (High: 2.5837 / Low: 2.3620). On the other end, October was the most stable month, with a tight range of 0.0574 GHS (High: 2.6654 / Low: 2.6081).

March Spread (Volatile) ±0.2217
October Spread (Stable) ±0.0574

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 0.1669 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.7053) against the same month in 2016 (average: 2.2275), the exchange rate shifted by +0.4778 (+21.45%).

2017 Avg (November) 2.7053
2016 Avg (November) 2.2275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4022 2.2541 2.3327
February 2.5085 2.3653 2.4224
March 2.5837 2.3620 2.4765
April 2.3620 2.2717 2.3095
May 2.5235 2.3356 2.4211
June 2.5693 2.4612 2.5129
July 2.6421 2.5362 2.5871
August 2.7105 2.6427 2.6698
September 2.7329 2.6551 2.6986
October 2.6654 2.6081 2.6424
November 2.8305 2.6140 2.7053
December 2.7810 2.6968 2.7319