2017 GHS to NZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to NZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.3477. Conversely, the yearly low was recorded on March 2, dropping to 0.2980.
This high-to-low spread represents a total annual volatility of 0.0497 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3273 to the December average rate of 0.3182, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.3477 was down 13.28% compared to the 2016 peak of 0.4009, 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 NZD 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 0.3245, compared to 0.3157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 0.0325 NZD (High: 0.3305 / Low: 0.2980). On the other end, September was the most stable month, with a tight range of 0.0093 NZD (High: 0.3153 / Low: 0.3060).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0202 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 0.3366) against the same month in 2016 (average: 0.3839), the exchange rate shifted by -0.0473 (-12.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.3412 | 0.3151 | 0.3273 |
| February | 0.3173 | 0.3004 | 0.3112 |
| March | 0.3305 | 0.2980 | 0.3154 |
| April | 0.3460 | 0.3292 | 0.3400 |
| May | 0.3477 | 0.3242 | 0.3366 |
| June | 0.3285 | 0.3101 | 0.3163 |
| July | 0.3147 | 0.3019 | 0.3094 |
| August | 0.3152 | 0.3047 | 0.3098 |
| September | 0.3153 | 0.3060 | 0.3114 |
| October | 0.3335 | 0.3129 | 0.3228 |
| November | 0.3292 | 0.3110 | 0.3225 |
| December | 0.3261 | 0.3108 | 0.3182 |