YEARLY HIGH
0.6887 GHS
YEARLY LOW
0.5980 GHS
YEARLY AVERAGE
0.6342 GHS

2017 BOB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 0.6887. Conversely, the yearly low was recorded on April 19, dropping to 0.5980.

This high-to-low spread represents a total annual volatility of 0.0907 GHS. From a start-to-finish perspective, comparing the January average rate of 0.6203 to the December average rate of 0.6525, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6887 was up 10.14% compared to the 2016 peak of 0.6253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,444 GHS
2016 Average 2,861 GHS
Yearly Trough Low 2,990 GHS
Transaction Impact: A difference of 453.70 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6591
0.6035
JanuMarcMayJulySeptNove

BOB 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 0.6288, compared to 0.6396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.6288
H2 Avg (Jul–Dec) 0.6396

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0693 GHS (High: 0.6887 / Low: 0.6194). On the other end, October was the most stable month, with a tight range of 0.0067 GHS (High: 0.6386 / Low: 0.6318).

March Spread (Volatile) ±0.0693
October Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0463 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.6544) against the same month in 2016 (average: 0.5641), the exchange rate shifted by +0.0904 (+16.02%).

2017 Avg (March) 0.6544
2016 Avg (March) 0.5641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6306 0.6118 0.6203
February 0.6695 0.6255 0.6433
March 0.6887 0.6194 0.6544
April 0.6241 0.5980 0.6081
May 0.6356 0.6029 0.6163
June 0.6383 0.6151 0.6306
July 0.6369 0.6254 0.6310
August 0.6409 0.6257 0.6346
September 0.6500 0.6292 0.6344
October 0.6386 0.6318 0.6360
November 0.6662 0.6339 0.6488
December 0.6562 0.6469 0.6525