YEARLY HIGH
1.6722 BOB
YEARLY LOW
1.4519 BOB
YEARLY AVERAGE
1.5778 BOB

2017 GHS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 1.6722. Conversely, the yearly low was recorded on March 6, dropping to 1.4519.

This high-to-low spread represents a total annual volatility of 0.2203 BOB. From a start-to-finish perspective, comparing the January average rate of 1.6123 to the December average rate of 1.5325, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6722 was down 8.26% compared to the 2016 peak of 1.8228, 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 8,361 BOB
2016 Average 8,743 BOB
Yearly Trough Low 7,260 BOB
Transaction Impact: A difference of 1,101.58 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6561
1.5179
JanuMarcMayJulySeptNove

GHS to BOB 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 1.5917, compared to 1.5639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 1.5917
H2 Avg (Jul–Dec) 1.5639

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.1625 BOB (High: 1.6145 / Low: 1.4519). On the other end, October was the most stable month, with a tight range of 0.0167 BOB (High: 1.5827 / Low: 1.5660).

March Spread (Volatile) ±0.1625
October Spread (Stable) ±0.0167

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 January and February, when the average rate fell by 0.0573 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.6446) against the same month in 2016 (average: 1.7954), the exchange rate shifted by -0.1508 (-8.40%).

2017 Avg (April) 1.6446
2016 Avg (April) 1.7954

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6345 1.5858 1.6123
February 1.5986 1.4936 1.5550
March 1.6145 1.4519 1.5294
April 1.6722 1.6023 1.6446
May 1.6587 1.5733 1.6230
June 1.6257 1.5667 1.5860
July 1.5989 1.5701 1.5848
August 1.5983 1.5604 1.5759
September 1.5893 1.5384 1.5763
October 1.5827 1.5660 1.5724
November 1.5774 1.5011 1.5418
December 1.5459 1.5239 1.5325