2017 GHS to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 326.5415. Conversely, the yearly low was recorded on March 6, dropping to 284.0211.
This high-to-low spread represents a total annual volatility of 42.5204 MMK. From a start-to-finish perspective, comparing the January average rate of 316.2052 to the December average rate of 301.1131, 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 326.5415 was down 4.79% compared to the 2016 peak of 342.9570, 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 MMK 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 312.9712, compared to 306.2241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7470 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 34.9934 MMK (High: 319.0145 / Low: 284.0211). On the other end, October was the most stable month, with a tight range of 5.6840 MMK (High: 312.7342 / Low: 307.0502).
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 October and November, when the average rate fell by 8.7265 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 322.4763) against the same month in 2016 (average: 308.7985), the exchange rate shifted by +13.6778 (+4.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 320.8689 | 310.2419 | 316.2052 |
| February | 315.8492 | 294.9418 | 307.5088 |
| March | 319.0145 | 284.0211 | 301.8448 |
| April | 326.5415 | 315.4678 | 322.4763 |
| May | 325.4967 | 310.8726 | 318.5512 |
| June | 317.5820 | 306.9192 | 311.2408 |
| July | 313.9444 | 307.5016 | 310.5779 |
| August | 310.8148 | 303.7094 | 307.8483 |
| September | 310.3485 | 301.0966 | 307.3007 |
| October | 312.7342 | 307.0502 | 309.6156 |
| November | 308.5453 | 292.8473 | 300.8891 |
| December | 304.2072 | 298.1046 | 301.1131 |