2017 GHS to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 16.3255. Conversely, the yearly low was recorded on March 6, dropping to 13.9958.
This high-to-low spread represents a total annual volatility of 2.3298 AFN. From a start-to-finish perspective, comparing the January average rate of 15.5514 to the December average rate of 15.3468, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 16.3255 was down 9.44% compared to the 2016 peak of 18.0271, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GHS to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.4562, compared to 15.4428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 1.5399 AFN (High: 15.5357 / Low: 13.9958). On the other end, December was the most stable month, with a tight range of 0.1373 AFN (High: 15.4314 / Low: 15.2942).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5390 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 15.9895) against the same month in 2016 (average: 17.8698), the exchange rate shifted by -1.8802 (-10.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.7810 | 15.3141 | 15.5514 |
| February | 15.4255 | 14.3955 | 15.0124 |
| March | 15.5357 | 13.9958 | 14.7323 |
| April | 16.3255 | 15.3959 | 15.9895 |
| May | 16.1638 | 15.4439 | 15.8895 |
| June | 16.0172 | 15.3545 | 15.5619 |
| July | 15.6796 | 15.4502 | 15.5588 |
| August | 15.5779 | 15.3052 | 15.4949 |
| September | 15.6601 | 15.1592 | 15.4808 |
| October | 15.6394 | 15.4546 | 15.5296 |
| November | 15.6255 | 14.8158 | 15.2462 |
| December | 15.4314 | 15.2942 | 15.3468 |