YEARLY HIGH
7883.8723 IRR
YEARLY LOW
6792.6115 IRR
YEARLY AVERAGE
7513.1152 IRR

2017 GHS to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 7883.8723. Conversely, the yearly low was recorded on March 6, dropping to 6792.6115.

This high-to-low spread represents a total annual volatility of 1091.2608 IRR. From a start-to-finish perspective, comparing the January average rate of 7388.1589 to the December average rate of 7814.2449, the exchange rate registered a net change of 5.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 7883.8723 was down 1.12% compared to the 2016 peak of 7973.5192, 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 39,419,362 IRR
2016 Average 38,209,795 IRR
Yearly Trough Low 33,963,058 IRR
Transaction Impact: A difference of 5,456,304.09 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

7879.3424
7098.1725
JanuMarcMayJulySeptNove

GHS to IRR 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 7421.6134, compared to 7604.6171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 183.0037 points.

H1 Avg (Jan–Jun) 7421.6134
H2 Avg (Jul–Dec) 7604.6171

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 758.2381 IRR (High: 7550.8496 / Low: 6792.6115). On the other end, July was the most stable month, with a tight range of 131.8309 IRR (High: 7521.6362 / Low: 7389.8054).

March Spread (Volatile) ±758.2381
July Spread (Stable) ±131.8309

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 166.6672 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -166.6672

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 7715.8310) against the same month in 2016 (average: 7570.9692), the exchange rate shifted by +144.8618 (+1.91%).

2017 Avg (October) 7715.8310
2016 Avg (October) 7570.9692

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7664.6905 6982.6973 7388.1589
February 7476.4935 6982.4761 7280.3088
March 7550.8496 6792.6115 7163.2700
April 7838.2645 7481.0487 7693.4835
May 7755.8340 7374.0994 7585.5631
June 7611.6453 7315.6914 7418.8960
July 7521.6362 7389.8054 7433.5777
August 7509.1704 7339.2388 7437.3164
September 7601.3184 7390.6827 7521.7237
October 7883.8723 7562.5496 7715.8310
November 7851.4141 7481.1162 7705.0090
December 7866.3678 7734.2162 7814.2449