2017 GHS to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 711.9668. Conversely, the yearly low was recorded on March 6, dropping to 622.4359.
This high-to-low spread represents a total annual volatility of 89.5309 COP. From a start-to-finish perspective, comparing the January average rate of 684.7595 to the December average rate of 662.6078, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 711.9668 was down 17.56% compared to the 2016 peak of 863.5680, 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 COP 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 670.6159, compared to 671.0846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4687 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 56.3209 COP (High: 711.9668 / Low: 655.6459). On the other end, December was the most stable month, with a tight range of 19.2484 COP (High: 672.2946 / Low: 653.0463).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 38.2592 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 683.9474) against the same month in 2016 (average: 781.2624), the exchange rate shifted by -97.3150 (-12.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 708.0280 | 666.0803 | 684.7595 |
| February | 665.8705 | 626.9330 | 646.5004 |
| March | 674.6768 | 622.4359 | 649.2122 |
| April | 698.9317 | 662.8689 | 682.3873 |
| May | 711.9668 | 655.6459 | 683.9474 |
| June | 697.5331 | 658.8575 | 676.8885 |
| July | 706.4031 | 675.5929 | 691.6238 |
| August | 682.9161 | 662.7189 | 672.4155 |
| September | 670.9452 | 648.7989 | 658.5752 |
| October | 691.1085 | 658.4978 | 672.2999 |
| November | 698.6168 | 642.7526 | 668.9853 |
| December | 672.2946 | 653.0463 | 662.6078 |