2017 GHS to MAD Historical Review

YEARLY HIGH

2.4191 MAD

YEARLY LOW

2.0225 MAD

YEARLY AVERAGE

2.2082 MAD

2017 GHS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 2.4191. Conversely, the yearly low was recorded on November 27, dropping to 2.0225.

This high-to-low spread represents a total annual volatility of 0.3966 MAD. From a start-to-finish perspective, comparing the January average rate of 2.3448 to the December average rate of 2.0887, the exchange rate registered a net change of -10.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4191 was down 7.35% compared to the 2016 peak of 2.6110, 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 12,095 MAD

2016 Average 12,422 MAD

Yearly Trough Low 10,113 MAD

Transaction Impact: A difference of 1,982.78 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4066

2.0598

JanuMarcMayJulySeptNove

GHS to MAD 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 2.2876, compared to 2.1288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1588 points.

H1 Avg (Jan–Jun) 2.2876

H2 Avg (Jul–Dec) 2.1288

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.2059 MAD (High: 2.3223 / Low: 2.1164). On the other end, October was the most stable month, with a tight range of 0.0331 MAD (High: 2.1695 / Low: 2.1364).

March Spread (Volatile) ±0.2059

October Spread (Stable) ±0.0331

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 0.0840 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0840

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 2.3777) against the same month in 2016 (average: 2.5211), the exchange rate shifted by -0.1434 (-5.69%).

2017 Avg (April) 2.3777

2016 Avg (April) 2.5211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4065	2.2924	2.3448
February	2.3111	2.1782	2.2608
March	2.3223	2.1164	2.2163
April	2.4191	2.3223	2.3777
May	2.3642	2.2165	2.2981
June	2.2799	2.1911	2.2277
July	2.2158	2.1526	2.1844
August	2.1582	2.1029	2.1370
September	2.1403	2.0879	2.1148
October	2.1695	2.1364	2.1482
November	2.1631	2.0225	2.0996
December	2.1105	2.0624	2.0887