2017 GHS to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 25.7958. Conversely, the yearly low was recorded on November 27, dropping to 22.2733.
This high-to-low spread represents a total annual volatility of 3.5225 NPR. From a start-to-finish perspective, comparing the January average rate of 25.3787 to the December average rate of 22.7847, the exchange rate registered a net change of -10.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 25.7958 was down 8.54% compared to the 2016 peak of 28.2030, 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 NPR 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 24.1431, compared to 23.2403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9028 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 2.0214 NPR (High: 24.3750 / Low: 22.3536). On the other end, October was the most stable month, with a tight range of 0.2670 NPR (High: 23.7816 / Low: 23.5146).
Growth Streaks & Declines
TrendsBetween August and October, 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 1.2876 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 25.3787) against the same month in 2016 (average: 27.6594), the exchange rate shifted by -2.2807 (-8.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.7958 | 24.8242 | 25.3787 |
| February | 24.8049 | 23.0017 | 24.0911 |
| March | 24.3750 | 22.3536 | 23.2731 |
| April | 24.9268 | 24.0188 | 24.4975 |
| May | 24.5773 | 23.4139 | 24.0800 |
| June | 24.1077 | 23.2651 | 23.5383 |
| July | 23.7948 | 23.2487 | 23.4819 |
| August | 23.3274 | 22.9471 | 23.1611 |
| September | 23.7907 | 23.0831 | 23.3009 |
| October | 23.7816 | 23.5146 | 23.6754 |
| November | 23.5195 | 22.2733 | 23.0378 |
| December | 23.0515 | 22.5181 | 22.7847 |