YEARLY HIGH
0.7433 GHS
YEARLY LOW
0.5935 GHS
YEARLY AVERAGE
0.6685 GHS

2017 DKK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.7433. Conversely, the yearly low was recorded on January 3, dropping to 0.5935.

This high-to-low spread represents a total annual volatility of 0.1498 GHS. From a start-to-finish perspective, comparing the January average rate of 0.6137 to the December average rate of 0.7177, the exchange rate registered a net change of 16.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7433 was up 19.58% compared to the 2016 peak of 0.6216, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,716 GHS
2016 Average 2,933 GHS
Yearly Trough Low 2,967 GHS
Transaction Impact: A difference of 749.11 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7287
0.5967
JanuMarcMayJulySeptNove

DKK 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 0.6346, compared to 0.7025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0679 points.

H1 Avg (Jan–Jun) 0.6346
H2 Avg (Jul–Dec) 0.7025

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0584 GHS (High: 0.6793 / Low: 0.6209). On the other end, October was the most stable month, with a tight range of 0.0171 GHS (High: 0.7025 / Low: 0.6855).

March Spread (Volatile) ±0.0584
October Spread (Stable) ±0.0171

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 0.0440 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.7110) against the same month in 2016 (average: 0.5855), the exchange rate shifted by +0.1255 (+21.43%).

2017 Avg (November) 0.7110
2016 Avg (November) 0.5855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6323 0.5935 0.6137
February 0.6598 0.6224 0.6371
March 0.6793 0.6209 0.6516
April 0.6210 0.5972 0.6077
May 0.6630 0.6149 0.6364
June 0.6751 0.6462 0.6609
July 0.6944 0.6672 0.6805
August 0.7123 0.6948 0.7020
September 0.7177 0.6974 0.7092
October 0.7025 0.6855 0.6944
November 0.7433 0.6870 0.7110
December 0.7304 0.7096 0.7177