YEARLY HIGH
27.6296 ISK
YEARLY LOW
22.1822 ISK
YEARLY AVERAGE
24.2618 ISK

2017 GHS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 27.6296. Conversely, the yearly low was recorded on November 27, dropping to 22.1822.

This high-to-low spread represents a total annual volatility of 5.4474 ISK. From a start-to-finish perspective, comparing the January average rate of 26.6234 to the December average rate of 23.2318, the exchange rate registered a net change of -12.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 27.6296 was down 19.24% compared to the 2016 peak of 34.2116, 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 138,148 ISK
2016 Average 153,181 ISK
Yearly Trough Low 110,911 ISK
Transaction Impact: A difference of 27,236.99 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

26.9802
22.6990
JanuMarcMayJulySeptNove

GHS to ISK 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 24.8422, compared to 23.6813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1609 points.

H1 Avg (Jan–Jun) 24.8422
H2 Avg (Jul–Dec) 23.6813

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 3.7818 ISK (High: 26.1603 / Low: 22.3785). On the other end, October was the most stable month, with a tight range of 0.4707 ISK (High: 24.2978 / Low: 23.8271).

March Spread (Volatile) ±3.7818
October Spread (Stable) ±0.4707

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.1279 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 26.6234) against the same month in 2016 (average: 33.3938), the exchange rate shifted by -6.7704 (-20.27%).

2017 Avg (January) 26.6234
2016 Avg (January) 33.3938

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.6296 26.1745 26.6234
February 26.1944 23.0113 25.0485
March 26.1603 22.3785 24.1327
April 26.7869 25.1294 26.1603
May 25.3511 22.6920 24.0324
June 24.0207 22.4385 23.0558
July 24.5238 23.2912 23.7685
August 24.6076 23.6562 23.9627
September 24.4722 23.5818 24.0141
October 24.2978 23.8271 23.9829
November 24.1319 22.1822 23.1280
December 23.4778 22.8000 23.2318