YEARLY HIGH
0.0500 GHS
YEARLY LOW
0.0401 GHS
YEARLY AVERAGE
0.0450 GHS

2017 CVE to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0500. Conversely, the yearly low was recorded on April 23, dropping to 0.0401.

This high-to-low spread represents a total annual volatility of 0.0100 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0413 to the December average rate of 0.0483, the exchange rate registered a net change of 16.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0500 was up 19.37% compared to the 2016 peak of 0.0419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 250 GHS
2016 Average 198 GHS
Yearly Trough Low 200 GHS
Transaction Impact: A difference of 49.92 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0490
0.0401
JanuMarcMayJulySeptNove

CVE 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 0.0427, compared to 0.0472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0427
H2 Avg (Jul–Dec) 0.0472

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0038 GHS (High: 0.0500 / Low: 0.0462). On the other end, October was the most stable month, with a tight range of 0.0012 GHS (High: 0.0473 / Low: 0.0461).

November Spread (Volatile) ±0.0038
October Spread (Stable) ±0.0012

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 0.0029 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0478) against the same month in 2016 (average: 0.0395), the exchange rate shifted by +0.0082 (+20.86%).

2017 Avg (November) 0.0478
2016 Avg (November) 0.0395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0425 0.0402 0.0413
February 0.0444 0.0418 0.0428
March 0.0457 0.0419 0.0438
April 0.0419 0.0401 0.0408
May 0.0446 0.0413 0.0428
June 0.0454 0.0434 0.0444
July 0.0467 0.0448 0.0457
August 0.0481 0.0468 0.0472
September 0.0483 0.0469 0.0477
October 0.0473 0.0461 0.0468
November 0.0500 0.0462 0.0478
December 0.0491 0.0478 0.0483