YEARLY HIGH
16.8203 MZN
YEARLY LOW
12.9816 MZN
YEARLY AVERAGE
14.6304 MZN

2017 GHS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 16.8203. Conversely, the yearly low was recorded on December 28, dropping to 12.9816.

This high-to-low spread represents a total annual volatility of 3.8387 MZN. From a start-to-finish perspective, comparing the January average rate of 16.4845 to the December average rate of 13.2433, the exchange rate registered a net change of -19.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 16.8203 was down 15.04% compared to the 2016 peak of 19.7972, 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 84,102 MZN
2016 Average 79,163 MZN
Yearly Trough Low 64,908 MZN
Transaction Impact: A difference of 19,193.52 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

16.8086
12.9192
JanuMarcMayJulySeptNove

GHS to MZN 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 15.5658, compared to 13.6949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8709 points.

H1 Avg (Jan–Jun) 15.5658
H2 Avg (Jul–Dec) 13.6949

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 3.1856 MZN (High: 16.6332 / Low: 13.4476). On the other end, October was the most stable month, with a tight range of 0.1908 MZN (High: 14.0055 / Low: 13.8147).

June Spread (Volatile) ±3.1856
October Spread (Stable) ±0.1908

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.5341 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 16.4845) against the same month in 2016 (average: 11.9053), the exchange rate shifted by +4.5791 (+38.46%).

2017 Avg (January) 16.4845
2016 Avg (January) 11.9053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.8203 16.1593 16.4845
February 16.2788 15.0876 15.7923
March 15.8997 14.7082 15.2798
April 15.9409 15.4468 15.6931
May 16.5415 15.1301 15.8396
June 16.6332 13.4476 14.3055
July 14.0683 13.5564 13.7979
August 13.9290 13.5886 13.8344
September 14.0821 13.6603 13.8933
October 14.0055 13.8147 13.8845
November 13.8468 13.0590 13.5160
December 13.6573 12.9816 13.2433