YEARLY HIGH
589.9734 MNT
YEARLY LOW
517.3806 MNT
YEARLY AVERAGE
553.7189 MNT

2017 GHS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 589.9734. Conversely, the yearly low was recorded on March 6, dropping to 517.3806.

This high-to-low spread represents a total annual volatility of 72.5928 MNT. From a start-to-finish perspective, comparing the January average rate of 578.8534 to the December average rate of 538.9564, the exchange rate registered a net change of -6.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 589.9734 was down 3.99% compared to the 2016 peak of 614.5186, 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 2,949,867 MNT
2016 Average 2,709,361 MNT
Yearly Trough Low 2,586,903 MNT
Transaction Impact: A difference of 362,963.93 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

582.8430
534.9667
JanuMarcMayJulySeptNove

GHS to MNT 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 558.9388, compared to 548.4989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.4399 points.

H1 Avg (Jan–Jun) 558.9388
H2 Avg (Jul–Dec) 548.4989

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 54.2830 MNT (High: 571.6637 / Low: 517.3806). On the other end, October was the most stable month, with a tight range of 5.5972 MNT (High: 560.8812 / Low: 555.2840).

March Spread (Volatile) ±54.2830
October Spread (Stable) ±5.5972

Growth Streaks & Declines

Trends

Between June and October, 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 23.5183 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -23.5183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 578.8534) against the same month in 2016 (average: 513.1579), the exchange rate shifted by +65.6955 (+12.80%).

2017 Avg (January) 578.8534
2016 Avg (January) 513.1579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 589.9734 563.2162 578.8534
February 569.3691 532.7134 555.3350
March 571.6637 517.3806 542.3975
April 583.7588 563.6721 573.2230
May 576.5490 548.0938 563.0297
June 559.4268 530.3740 540.7944
July 560.3568 535.5281 546.1035
August 558.6773 543.2859 552.0810
September 561.1026 543.0540 552.3580
October 560.8812 555.2840 557.9342
November 556.8679 525.3240 543.5606
December 545.9920 534.3021 538.9564