YEARLY HIGH
0.4436 BGN
YEARLY LOW
0.3533 BGN
YEARLY AVERAGE
0.3947 BGN

2017 GHS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4436. Conversely, the yearly low was recorded on November 27, dropping to 0.3533.

This high-to-low spread represents a total annual volatility of 0.0903 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4288 to the December average rate of 0.3661, the exchange rate registered a net change of -14.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4436 was down 6.67% compared to the 2016 peak of 0.4754, 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 2,218 BGN
2016 Average 2,240 BGN
Yearly Trough Low 1,767 BGN
Transaction Impact: A difference of 451.72 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4398
0.3594
JanuMarcMayJulySeptNove

GHS to BGN 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 0.4150, compared to 0.3744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 0.4150
H2 Avg (Jul–Dec) 0.3744

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0363 BGN (High: 0.4234 / Low: 0.3870). On the other end, October was the most stable month, with a tight range of 0.0083 BGN (High: 0.3834 / Low: 0.3752).

March Spread (Volatile) ±0.0363
October Spread (Stable) ±0.0083

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 0.0197 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4288) against the same month in 2016 (average: 0.4626), the exchange rate shifted by -0.0338 (-7.30%).

2017 Avg (January) 0.4288
2016 Avg (January) 0.4626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4436 0.4163 0.4288
February 0.4228 0.3986 0.4129
March 0.4234 0.3870 0.4040
April 0.4402 0.4234 0.4331
May 0.4282 0.3963 0.4134
June 0.4063 0.3892 0.3980
July 0.3943 0.3785 0.3866
August 0.3784 0.3689 0.3746
September 0.3766 0.3659 0.3706
October 0.3834 0.3752 0.3785
November 0.3826 0.3533 0.3699
December 0.3708 0.3596 0.3661