YEARLY HIGH
0.1713 JOD
YEARLY LOW
0.1484 JOD
YEARLY AVERAGE
0.1613 JOD

2017 GHS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.1713. Conversely, the yearly low was recorded on March 6, dropping to 0.1484.

This high-to-low spread represents a total annual volatility of 0.0229 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1651 to the December average rate of 0.1572, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1713 was down 8.38% compared to the 2016 peak of 0.1870, 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 856 JOD
2016 Average 898 JOD
Yearly Trough Low 742 JOD
Transaction Impact: A difference of 114.26 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1694
0.1555
JanuMarcMayJulySeptNove

GHS to JOD 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 0.1629, compared to 0.1597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1629
H2 Avg (Jul–Dec) 0.1597

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0165 JOD (High: 0.1650 / Low: 0.1484). On the other end, October was the most stable month, with a tight range of 0.0021 JOD (High: 0.1621 / Low: 0.1600).

March Spread (Volatile) ±0.0165
October Spread (Stable) ±0.0021

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 0.0059 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.1682) against the same month in 2016 (average: 0.1850), the exchange rate shifted by -0.0168 (-9.07%).

2017 Avg (April) 0.1682
2016 Avg (April) 0.1850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1677 0.1625 0.1651
February 0.1636 0.1527 0.1592
March 0.1650 0.1484 0.1566
April 0.1713 0.1637 0.1682
May 0.1699 0.1612 0.1659
June 0.1665 0.1600 0.1623
July 0.1633 0.1602 0.1618
August 0.1616 0.1582 0.1605
September 0.1616 0.1566 0.1600
October 0.1621 0.1600 0.1612
November 0.1610 0.1526 0.1575
December 0.1587 0.1565 0.1572