2017 GHS to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 285.4889. Conversely, the yearly low was recorded on March 2, dropping to 247.6528.
This high-to-low spread represents a total annual volatility of 37.8361 IQD. From a start-to-finish perspective, comparing the January average rate of 275.1343 to the December average rate of 263.8708, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 285.4889 was down 7.44% compared to the 2016 peak of 308.4337, 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 IQD 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 269.6903, compared to 263.8759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.8144 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 26.0587 IQD (High: 273.7115 / Low: 247.6528). On the other end, October was the most stable month, with a tight range of 3.7574 IQD (High: 268.0048 / Low: 264.2475).
Growth Streaks & Declines
TrendsBetween 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 9.6712 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 277.7644) against the same month in 2016 (average: 286.1383), the exchange rate shifted by -8.3739 (-2.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 278.5684 | 270.4432 | 275.1343 |
| February | 271.8014 | 254.8296 | 265.4631 |
| March | 273.7115 | 247.6528 | 259.4792 |
| April | 285.4889 | 269.9966 | 277.7644 |
| May | 282.4668 | 264.8536 | 273.2933 |
| June | 273.0102 | 263.0734 | 267.0072 |
| July | 269.8166 | 263.0540 | 266.0505 |
| August | 268.7500 | 261.1116 | 264.2162 |
| September | 267.2894 | 257.7577 | 264.4535 |
| October | 268.0048 | 264.2475 | 265.5149 |
| November | 266.0515 | 251.7665 | 259.1493 |
| December | 266.6863 | 261.1346 | 263.8708 |