YEARLY HIGH
2247.7590 GNF
YEARLY LOW
1936.7471 GNF
YEARLY AVERAGE
2075.6657 GNF

2017 GHS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 2247.7590. Conversely, the yearly low was recorded on November 27, dropping to 1936.7471.

This high-to-low spread represents a total annual volatility of 311.0119 GNF. From a start-to-finish perspective, comparing the January average rate of 2182.4649 to the December average rate of 1999.1882, the exchange rate registered a net change of -8.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2247.7590 was down 2.95% compared to the 2016 peak of 2316.0470, 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 11,238,795 GNF
2016 Average 10,586,479 GNF
Yearly Trough Low 9,683,736 GNF
Transaction Impact: A difference of 1,555,059.53 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2218.4415
1979.2560
JanuMarcMayJulySeptNove

GHS to GNF 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 2127.2462, compared to 2024.0853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 103.1609 points.

H1 Avg (Jan–Jun) 2127.2462
H2 Avg (Jul–Dec) 2024.0853

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 223.3823 GNF (High: 2177.3625 / Low: 1953.9801). On the other end, December was the most stable month, with a tight range of 30.0797 GNF (High: 2019.6736 / Low: 1989.5939).

March Spread (Volatile) ±223.3823
December Spread (Stable) ±30.0797

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 75.6381 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -75.6381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 2198.5094) against the same month in 2016 (average: 1979.8893), the exchange rate shifted by +218.6200 (+11.04%).

2017 Avg (April) 2198.5094
2016 Avg (April) 1979.8893

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2233.1175 2146.7540 2182.4649
February 2169.7869 1986.9165 2106.8268
March 2177.3625 1953.9801 2060.6319
April 2247.7590 2127.7440 2198.5094
May 2221.3811 2072.5593 2142.4119
June 2126.8523 2034.0522 2072.6323
July 2088.1259 2028.5861 2053.6158
August 2047.9130 1995.1901 2022.2377
September 2044.7199 1979.2941 2024.8415
October 2060.3335 2026.6364 2042.1737
November 2048.3729 1936.7471 2002.4549
December 2019.6736 1989.5939 1999.1882