2017 BMD to GHS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BMD to GHS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BMD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 4.7729. Conversely, the yearly low was recorded on April 23, dropping to 4.1403.
This high-to-low spread represents a total annual volatility of 0.6326 GHS. From a start-to-finish perspective, comparing the January average rate of 4.2918 to the December average rate of 4.5110, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 4.7729 was up 10.44% compared to the 2016 peak of 4.3217, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BMD 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 4.3582, compared to 4.4411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0829 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 0.4777 GHS (High: 4.7729 / Low: 4.2952). On the other end, October was the most stable month, with a tight range of 0.0545 GHS (High: 4.4274 / Low: 4.3729).
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 0.3132 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 4.5311) against the same month in 2016 (average: 3.8569), the exchange rate shifted by +0.6742 (+17.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.3629 | 4.2249 | 4.2918 |
| February | 4.6404 | 4.3308 | 4.4520 |
| March | 4.7729 | 4.2952 | 4.5311 |
| April | 4.3356 | 4.1403 | 4.2179 |
| May | 4.4011 | 4.1846 | 4.2800 |
| June | 4.4377 | 4.2645 | 4.3761 |
| July | 4.4215 | 4.3470 | 4.3865 |
| August | 4.4776 | 4.3840 | 4.4175 |
| September | 4.5271 | 4.3838 | 4.4292 |
| October | 4.4274 | 4.3729 | 4.3981 |
| November | 4.6470 | 4.4030 | 4.5043 |
| December | 4.5357 | 4.4665 | 4.5110 |