2017 GHS to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 117.7681. Conversely, the yearly low was recorded on March 6, dropping to 44.9121.
This high-to-low spread represents a total annual volatility of 72.8561 SYP. From a start-to-finish perspective, comparing the January average rate of 49.8715 to the December average rate of 114.1624, the exchange rate registered a net change of 128.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 117.7681 was up 103.53% compared to the 2016 peak of 57.8619, 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 SYP 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 49.2131, compared to 101.2650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.0519 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 68.7283 SYP (High: 117.1850 / Low: 48.4567). On the other end, July was the most stable month, with a tight range of 0.8959 SYP (High: 49.3855 / Low: 48.4896).
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 October and November, when the average rate fell by 2.7235 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 117.0953) against the same month in 2016 (average: 53.8788), the exchange rate shifted by +63.2165 (+117.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.6469 | 49.1299 | 49.8715 |
| February | 49.4910 | 46.1883 | 48.1631 |
| March | 49.8392 | 44.9121 | 47.3452 |
| April | 51.7696 | 49.4413 | 50.8154 |
| May | 51.2518 | 48.7016 | 50.0984 |
| June | 50.2627 | 48.3018 | 48.9850 |
| July | 49.3855 | 48.4896 | 48.8828 |
| August | 117.1850 | 48.4567 | 96.7944 |
| September | 117.4854 | 113.7589 | 116.2836 |
| October | 117.7681 | 116.3412 | 117.0953 |
| November | 116.9645 | 110.8228 | 114.3717 |
| December | 115.3053 | 113.5481 | 114.1624 |