YEARLY HIGH
794.8802 MGA
YEARLY LOW
644.4743 MGA
YEARLY AVERAGE
710.4468 MGA

2017 GHS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 794.8802. Conversely, the yearly low was recorded on March 6, dropping to 644.4743.

This high-to-low spread represents a total annual volatility of 150.4059 MGA. From a start-to-finish perspective, comparing the January average rate of 764.7951 to the December average rate of 715.2048, the exchange rate registered a net change of -6.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 794.8802 was down 6.82% compared to the 2016 peak of 853.0597, 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 3,974,401 MGA
2016 Average 4,026,233 MGA
Yearly Trough Low 3,222,372 MGA
Transaction Impact: A difference of 752,029.45 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

774.1545
661.8415
JanuMarcMayJulySeptNove

GHS to MGA 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 730.6558, compared to 690.2379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 40.4179 points.

H1 Avg (Jan–Jun) 730.6558
H2 Avg (Jul–Dec) 690.2379

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 112.3376 MGA (High: 756.8120 / Low: 644.4743). On the other end, December was the most stable month, with a tight range of 18.2603 MGA (High: 721.9956 / Low: 703.7352).

March Spread (Volatile) ±112.3376
December Spread (Stable) ±18.2603

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 56.4682 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -56.4682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 764.7951) against the same month in 2016 (average: 825.1625), the exchange rate shifted by -60.3674 (-7.32%).

2017 Avg (January) 764.7951
2016 Avg (January) 825.1625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 794.8802 733.4266 764.7951
February 734.4355 660.5097 708.3270
March 756.8120 644.4743 704.3208
April 788.0558 738.5678 759.0820
May 763.5208 695.8589 731.5364
June 739.4314 690.6512 715.8736
July 705.4517 655.7028 674.4169
August 680.8345 659.1254 671.2009
September 687.1966 665.9457 674.7661
October 717.1369 687.3242 699.9622
November 720.8061 686.3886 705.8764
December 721.9956 703.7352 715.2048