2017 GHS to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 137.1775. Conversely, the yearly low was recorded on March 6, dropping to 117.4878.
This high-to-low spread represents a total annual volatility of 19.6898 CRC. From a start-to-finish perspective, comparing the January average rate of 128.4407 to the December average rate of 125.4644, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 137.1775 was down 3.00% compared to the 2016 peak of 141.4137, 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 CRC 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 128.6083, compared to 128.7532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1449 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 11.9506 CRC (High: 129.4383 / Low: 117.4878). On the other end, August was the most stable month, with a tight range of 1.7687 CRC (High: 131.1399 / Low: 129.3712).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.7746 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 132.9231) against the same month in 2016 (average: 139.9167), the exchange rate shifted by -6.9935 (-5.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 130.6070 | 126.0266 | 128.4407 |
| February | 128.0104 | 120.1436 | 125.0110 |
| March | 129.4383 | 117.4878 | 123.1958 |
| April | 134.3667 | 128.6240 | 132.2583 |
| May | 137.1775 | 129.1970 | 132.9231 |
| June | 132.9455 | 127.8402 | 129.8208 |
| July | 131.5199 | 128.3692 | 130.2419 |
| August | 131.1399 | 129.3712 | 130.4151 |
| September | 131.5827 | 126.7075 | 130.2543 |
| October | 131.0456 | 129.2492 | 129.9589 |
| November | 129.7802 | 122.0334 | 126.1843 |
| December | 126.6789 | 124.6607 | 125.4644 |