YEARLY HIGH
1.9341 MOP
YEARLY LOW
1.6755 MOP
YEARLY AVERAGE
1.8249 MOP

2017 GHS to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 1.9341. Conversely, the yearly low was recorded on March 6, dropping to 1.6755.

This high-to-low spread represents a total annual volatility of 0.2586 MOP. From a start-to-finish perspective, comparing the January average rate of 1.8613 to the December average rate of 1.7842, the exchange rate registered a net change of -4.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9341 was down 8.21% compared to the 2016 peak of 2.1072, 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 9,671 MOP
2016 Average 10,134 MOP
Yearly Trough Low 8,378 MOP
Transaction Impact: A difference of 1,292.93 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9141
1.7517
JanuMarcMayJulySeptNove

GHS to MOP 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 1.8384, compared to 1.8114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 1.8384
H2 Avg (Jul–Dec) 1.8114

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.1883 MOP (High: 1.8638 / Low: 1.6755). On the other end, October was the most stable month, with a tight range of 0.0138 MOP (High: 1.8361 / Low: 1.8223).

March Spread (Volatile) ±0.1883
October Spread (Stable) ±0.0138

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 0.0652 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.9006) against the same month in 2016 (average: 2.0856), the exchange rate shifted by -0.1850 (-8.87%).

2017 Avg (April) 1.9006
2016 Avg (April) 2.0856

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8850 1.8283 1.8613
February 1.8433 1.7229 1.7961
March 1.8638 1.6755 1.7652
April 1.9341 1.8505 1.9006
May 1.9159 1.8145 1.8732
June 1.8780 1.8111 1.8341
July 1.8443 1.8170 1.8308
August 1.8329 1.8022 1.8214
September 1.8371 1.7771 1.8188
October 1.8361 1.8223 1.8286
November 1.8264 1.7346 1.7846
December 1.8006 1.7738 1.7842