YEARLY HIGH
1.9280 GHS
YEARLY LOW
1.5440 GHS
YEARLY AVERAGE
1.7626 GHS

2017 GEL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 1.9280. Conversely, the yearly low was recorded on January 11, dropping to 1.5440.

This high-to-low spread represents a total annual volatility of 0.3840 GHS. From a start-to-finish perspective, comparing the January average rate of 1.5913 to the December average rate of 1.7202, the exchange rate registered a net change of 8.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9280 was up 4.94% compared to the 2016 peak of 1.8372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,640 GHS
2016 Average 8,366 GHS
Yearly Trough Low 7,720 GHS
Transaction Impact: A difference of 1,919.86 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8676
1.5662
JanuMarcMayJulySeptNove

GEL 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 1.7414, compared to 1.7838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0424 points.

H1 Avg (Jan–Jun) 1.7414
H2 Avg (Jul–Dec) 1.7838

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.1933 GHS (High: 1.8157 / Low: 1.6225). On the other end, July was the most stable month, with a tight range of 0.0342 GHS (High: 1.8471 / Low: 1.8129).

February Spread (Volatile) ±0.1933
July Spread (Stable) ±0.0342

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 0.0890 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 1.8372) against the same month in 2016 (average: 1.6252), the exchange rate shifted by +0.2120 (+13.05%).

2017 Avg (March) 1.8372
2016 Avg (March) 1.6252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6234 1.5440 1.5913
February 1.8157 1.6225 1.6910
March 1.9280 1.7597 1.8372
April 1.7840 1.7064 1.7483
May 1.8257 1.7154 1.7654
June 1.8447 1.7663 1.8152
July 1.8471 1.8129 1.8297
August 1.8716 1.8193 1.8424
September 1.8277 1.7754 1.7963
October 1.7930 1.7264 1.7678
November 1.8617 1.6845 1.7464
December 1.7899 1.6502 1.7202