2017 BHD to GHS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BHD to GHS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BHD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 12.6600. Conversely, the yearly low was recorded on April 23, dropping to 10.9818.
This high-to-low spread represents a total annual volatility of 1.6782 GHS. From a start-to-finish perspective, comparing the January average rate of 11.3840 to the December average rate of 11.9640, the exchange rate registered a net change of 5.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 12.6600 was up 10.41% compared to the 2016 peak of 11.4662, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BHD to GHS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.5597, compared to 11.7746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2149 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 1.2667 GHS (High: 12.6600 / Low: 11.3934). On the other end, October was the most stable month, with a tight range of 0.1187 GHS (High: 11.7104 / Low: 11.5917).
Growth Streaks & Declines
TrendsBetween 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 0.8292 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 12.0188) against the same month in 2016 (average: 10.2312), the exchange rate shifted by +1.7876 (+17.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.5720 | 11.2050 | 11.3840 |
| February | 12.3074 | 11.4910 | 11.8099 |
| March | 12.6600 | 11.3934 | 12.0188 |
| April | 11.4916 | 10.9818 | 11.1896 |
| May | 11.6990 | 11.0985 | 11.3532 |
| June | 11.7645 | 11.3034 | 11.6027 |
| July | 11.7244 | 11.5263 | 11.6303 |
| August | 11.8704 | 11.6259 | 11.7148 |
| September | 11.9989 | 11.6250 | 11.7460 |
| October | 11.7104 | 11.5917 | 11.6573 |
| November | 12.3163 | 11.6561 | 11.9353 |
| December | 12.0294 | 11.8400 | 11.9640 |