YEARLY HIGH
1.6850 DKK
YEARLY LOW
1.3454 DKK
YEARLY AVERAGE
1.5011 DKK

2017 GHS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.6850. Conversely, the yearly low was recorded on November 27, dropping to 1.3454.

This high-to-low spread represents a total annual volatility of 0.3396 DKK. From a start-to-finish perspective, comparing the January average rate of 1.6299 to the December average rate of 1.3935, the exchange rate registered a net change of -14.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6850 was down 7.05% compared to the 2016 peak of 1.8129, 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 8,425 DKK
2016 Average 8,526 DKK
Yearly Trough Low 6,727 DKK
Transaction Impact: A difference of 1,698.21 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6712
1.3682
JanuMarcMayJulySeptNove

GHS to DKK 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 1.5778, compared to 1.4243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1536 points.

H1 Avg (Jan–Jun) 1.5778
H2 Avg (Jul–Dec) 1.4243

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.1384 DKK (High: 1.6105 / Low: 1.4722). On the other end, August was the most stable month, with a tight range of 0.0353 DKK (High: 1.4392 / Low: 1.4040).

March Spread (Volatile) ±0.1384
August Spread (Stable) ±0.0353

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 0.0734 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.6299) against the same month in 2016 (average: 1.7647), the exchange rate shifted by -0.1348 (-7.64%).

2017 Avg (January) 1.6299
2016 Avg (January) 1.7647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6850 1.5816 1.6299
February 1.6066 1.5157 1.5699
March 1.6105 1.4722 1.5355
April 1.6744 1.6104 1.6459
May 1.6264 1.5084 1.5725
June 1.5474 1.4812 1.5133
July 1.4987 1.4401 1.4698
August 1.4392 1.4040 1.4246
September 1.4338 1.3933 1.4100
October 1.4589 1.4234 1.4401
November 1.4556 1.3454 1.4076
December 1.4093 1.3691 1.3935