YEARLY HIGH
0.5609 TOP
YEARLY LOW
0.4718 TOP
YEARLY AVERAGE
0.5153 TOP

2017 GHS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.5609. Conversely, the yearly low was recorded on March 6, dropping to 0.4718.

This high-to-low spread represents a total annual volatility of 0.0891 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5363 to the December average rate of 0.5072, the exchange rate registered a net change of -5.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5609 was down 5.63% compared to the 2016 peak of 0.5944, 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 2,805 TOP
2016 Average 2,854 TOP
Yearly Trough Low 2,359 TOP
Transaction Impact: A difference of 445.49 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5491
0.4943
JanuMarcMayJulySeptNove

GHS to TOP 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 0.5258, compared to 0.5048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 0.5258
H2 Avg (Jul–Dec) 0.5048

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0650 TOP (High: 0.5368 / Low: 0.4718). On the other end, September was the most stable month, with a tight range of 0.0152 TOP (High: 0.5071 / Low: 0.4919).

March Spread (Volatile) ±0.0650
September Spread (Stable) ±0.0152

Growth Streaks & Declines

Trends

Between 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 0.0286 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.5413) against the same month in 2016 (average: 0.5873), the exchange rate shifted by -0.0459 (-7.82%).

2017 Avg (May) 0.5413
2016 Avg (May) 0.5873

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5478 0.5238 0.5363
February 0.5241 0.4844 0.5077
March 0.5368 0.4718 0.5052
April 0.5563 0.5298 0.5445
May 0.5609 0.5252 0.5413
June 0.5367 0.5098 0.5199
July 0.5177 0.5008 0.5098
August 0.5071 0.4891 0.4989
September 0.5071 0.4919 0.4996
October 0.5177 0.5022 0.5089
November 0.5145 0.4892 0.5042
December 0.5155 0.4996 0.5072