YEARLY HIGH
2.3000 GHS
YEARLY LOW
1.9872 GHS
YEARLY AVERAGE
2.1371 GHS

2017 FJD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 2.3000. Conversely, the yearly low was recorded on January 3, dropping to 1.9872.

This high-to-low spread represents a total annual volatility of 0.3128 GHS. From a start-to-finish perspective, comparing the January average rate of 2.0613 to the December average rate of 2.1847, the exchange rate registered a net change of 5.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3000 was up 11.04% compared to the 2016 peak of 2.0714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,500 GHS
2016 Average 9,466 GHS
Yearly Trough Low 9,936 GHS
Transaction Impact: A difference of 1,564.22 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2127
2.0067
JanuMarcMayJulySeptNove

FJD 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 2.0992, compared to 2.1750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0758 points.

H1 Avg (Jan–Jun) 2.0992
H2 Avg (Jul–Dec) 2.1750

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.2220 GHS (High: 2.3000 / Low: 2.0780). On the other end, August was the most stable month, with a tight range of 0.0571 GHS (High: 2.2191 / Low: 2.1620).

March Spread (Volatile) ±0.2220
August Spread (Stable) ±0.0571

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 0.1575 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1575

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 2.1814) against the same month in 2016 (average: 1.8416), the exchange rate shifted by +0.3398 (+18.45%).

2017 Avg (March) 2.1814
2016 Avg (March) 1.8416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1183 1.9872 2.0613
February 2.2579 2.1021 2.1631
March 2.3000 2.0780 2.1814
April 2.0780 1.9924 2.0239
May 2.1080 1.9873 2.0430
June 2.1708 2.0563 2.1227
July 2.2031 2.1288 2.1598
August 2.2191 2.1620 2.1894
September 2.2218 2.1614 2.1955
October 2.1812 2.1091 2.1477
November 2.2379 2.1204 2.1730
December 2.2233 2.1447 2.1847