YEARLY HIGH
0.2937 GHS
YEARLY LOW
0.2238 GHS
YEARLY AVERAGE
0.2471 GHS

2017 EGP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.2937. Conversely, the yearly low was recorded on January 16, dropping to 0.2238.

This high-to-low spread represents a total annual volatility of 0.0699 GHS. From a start-to-finish perspective, comparing the January average rate of 0.2305 to the December average rate of 0.2532, the exchange rate registered a net change of 9.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2937 was down 42.92% compared to the 2016 peak of 0.5146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,468 GHS
2016 Average 2,103 GHS
Yearly Trough Low 1,119 GHS
Transaction Impact: A difference of 349.35 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2669
0.2272
JanuMarcMayJulySeptNove

EGP 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 0.2439, compared to 0.2504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.2439
H2 Avg (Jul–Dec) 0.2504

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0604 GHS (High: 0.2937 / Low: 0.2333). On the other end, October was the most stable month, with a tight range of 0.0029 GHS (High: 0.2508 / Low: 0.2479).

February Spread (Volatile) ±0.0604
October Spread (Stable) ±0.0029

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 0.0242 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.2636) against the same month in 2016 (average: 0.5065), the exchange rate shifted by -0.2429 (-47.96%).

2017 Avg (February) 0.2636
2016 Avg (February) 0.5065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2380 0.2238 0.2305
February 0.2937 0.2333 0.2636
March 0.2935 0.2375 0.2576
April 0.2402 0.2286 0.2334
May 0.2438 0.2309 0.2366
June 0.2451 0.2352 0.2417
July 0.2478 0.2412 0.2448
August 0.2526 0.2456 0.2489
September 0.2564 0.2481 0.2510
October 0.2508 0.2479 0.2492
November 0.2621 0.2495 0.2550
December 0.2553 0.2515 0.2532