2017 GHS to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |