YEARLY HIGH
0.4438 BAM
YEARLY LOW
0.3537 BAM
YEARLY AVERAGE
0.3948 BAM

2017 GHS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4438. Conversely, the yearly low was recorded on November 27, dropping to 0.3537.

This high-to-low spread represents a total annual volatility of 0.0901 BAM. From a start-to-finish perspective, comparing the January average rate of 0.4289 to the December average rate of 0.3662, the exchange rate registered a net change of -14.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4438 was down 6.59% compared to the 2016 peak of 0.4751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,219 BAM
2016 Average 2,240 BAM
Yearly Trough Low 1,768 BAM
Transaction Impact: A difference of 450.45 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4398
0.3595
JanuMarcMayJulySeptNove

GHS to BAM 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 0.4151, compared to 0.3745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0406 points.

H1 Avg (Jan–Jun) 0.4151
H2 Avg (Jul–Dec) 0.3745

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0362 BAM (High: 0.4234 / Low: 0.3872). On the other end, October was the most stable month, with a tight range of 0.0072 BAM (High: 0.3834 / Low: 0.3762).

March Spread (Volatile) ±0.0362
October Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0196 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4289) against the same month in 2016 (average: 0.4625), the exchange rate shifted by -0.0336 (-7.27%).

2017 Avg (January) 0.4289
2016 Avg (January) 0.4625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4438 0.4179 0.4289
February 0.4230 0.3974 0.4127
March 0.4234 0.3872 0.4041
April 0.4404 0.4234 0.4331
May 0.4279 0.3964 0.4135
June 0.4070 0.3896 0.3983
July 0.3941 0.3795 0.3869
August 0.3783 0.3691 0.3748
September 0.3767 0.3663 0.3706
October 0.3834 0.3762 0.3783
November 0.3825 0.3537 0.3701
December 0.3704 0.3596 0.3662