YEARLY HIGH
24.9682 CVE
YEARLY LOW
19.9862 CVE
YEARLY AVERAGE
22.3241 CVE

2017 GHS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 24.9682. Conversely, the yearly low was recorded on November 27, dropping to 19.9862.

This high-to-low spread represents a total annual volatility of 4.9820 CVE. From a start-to-finish perspective, comparing the January average rate of 24.2176 to the December average rate of 20.7147, the exchange rate registered a net change of -14.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 24.9682 was down 7.01% compared to the 2016 peak of 26.8497, 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 124,841 CVE
2016 Average 126,264 CVE
Yearly Trough Low 99,931 CVE
Transaction Impact: A difference of 24,910.24 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

24.8696
20.3370
JanuMarcMayJulySeptNove

GHS to CVE 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 23.4733, compared to 21.1748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2985 points.

H1 Avg (Jan–Jun) 23.4733
H2 Avg (Jul–Dec) 21.1748

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 1.9861 CVE (High: 23.8754 / Low: 21.8893). On the other end, October was the most stable month, with a tight range of 0.5471 CVE (High: 21.7107 / Low: 21.1636).

March Spread (Volatile) ±1.9861
October Spread (Stable) ±0.5471

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 1.0926 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 24.4919) against the same month in 2016 (average: 25.4006), the exchange rate shifted by -0.9087 (-3.58%).

2017 Avg (April) 24.4919
2016 Avg (April) 25.4006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.8742 23.5206 24.2176
February 23.9236 22.5414 23.3540
March 23.8754 21.8893 22.8556
April 24.9682 23.8665 24.4919
May 24.1928 22.4381 23.3993
June 23.0389 22.0502 22.5215
July 22.3029 21.4281 21.8630
August 21.3842 20.8023 21.1833
September 21.3057 20.7171 20.9666
October 21.7107 21.1636 21.3736
November 21.6498 19.9862 20.9475
December 20.9296 20.3487 20.7147