YEARLY HIGH
31.1398 JMD
YEARLY LOW
26.9734 JMD
YEARLY AVERAGE
29.1877 JMD

2017 GHS to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 31.1398. Conversely, the yearly low was recorded on March 6, dropping to 26.9734.

This high-to-low spread represents a total annual volatility of 4.1665 JMD. From a start-to-finish perspective, comparing the January average rate of 30.0172 to the December average rate of 27.7373, the exchange rate registered a net change of -7.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 31.1398 was down 4.50% compared to the 2016 peak of 32.6079, 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 155,699 JMD
2016 Average 158,493 JMD
Yearly Trough Low 134,867 JMD
Transaction Impact: A difference of 20,832.25 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

30.9010
27.4497
JanuMarcMayJulySeptNove

GHS to JMD 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 29.6506, compared to 28.7248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9258 points.

H1 Avg (Jan–Jun) 29.6506
H2 Avg (Jul–Dec) 28.7248

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 3.0704 JMD (High: 30.0438 / Low: 26.9734). On the other end, August was the most stable month, with a tight range of 0.4719 JMD (High: 29.0873 / Low: 28.6153).

March Spread (Volatile) ±3.0704
August Spread (Stable) ±0.4719

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 January and February, when the average rate fell by 1.0882 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 30.6134) against the same month in 2016 (average: 31.8440), the exchange rate shifted by -1.2306 (-3.86%).

2017 Avg (April) 30.6134
2016 Avg (April) 31.8440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.4234 29.4913 30.0172
February 29.7533 27.7534 28.9290
March 30.0438 26.9734 28.4308
April 31.1398 29.8046 30.6134
May 30.8506 29.3052 30.2483
June 30.4734 29.2891 29.6646
July 29.7421 28.8654 29.2123
August 29.0873 28.6153 28.9143
September 29.8616 28.6805 29.3230
October 29.5864 28.8170 29.1214
November 28.8840 27.1839 28.0403
December 28.1508 27.4445 27.7373