YEARLY HIGH
2.0948 NOK
YEARLY LOW
1.7438 NOK
YEARLY AVERAGE
1.8810 NOK

2017 GHS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 2.0948. Conversely, the yearly low was recorded on September 8, dropping to 1.7438.

This high-to-low spread represents a total annual volatility of 0.3510 NOK. From a start-to-finish perspective, comparing the January average rate of 1.9726 to the December average rate of 1.8425, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0948 was down 10.44% compared to the 2016 peak of 2.3391, 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 10,474 NOK
2016 Average 10,645 NOK
Yearly Trough Low 8,719 NOK
Transaction Impact: A difference of 1,755.12 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0647
1.7414
JanuMarcMayJulySeptNove

GHS to NOK 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 1.9468, compared to 1.8153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1316 points.

H1 Avg (Jan–Jun) 1.9468
H2 Avg (Jul–Dec) 1.8153

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.2017 NOK (High: 1.9815 / Low: 1.7798). On the other end, December was the most stable month, with a tight range of 0.0519 NOK (High: 1.8631 / Low: 1.8112).

March Spread (Volatile) ±0.2017
December Spread (Stable) ±0.0519

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.1010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 2.0377) against the same month in 2016 (average: 2.1479), the exchange rate shifted by -0.1101 (-5.13%).

2017 Avg (April) 2.0377
2016 Avg (April) 2.1479

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0406 1.8945 1.9726
February 1.9115 1.8099 1.8716
March 1.9815 1.7798 1.8788
April 2.0948 1.9815 2.0377
May 2.0736 1.9010 1.9871
June 1.9841 1.9092 1.9332
July 1.9145 1.7936 1.8592
August 1.8092 1.7513 1.7857
September 1.8029 1.7438 1.7683
October 1.8671 1.7948 1.8187
November 1.8551 1.7534 1.8172
December 1.8631 1.8112 1.8425