2017 GHS to UAH Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to UAH Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 6.5417. Conversely, the yearly low was recorded on March 6, dropping to 5.6527.
This high-to-low spread represents a total annual volatility of 0.8889 UAH. From a start-to-finish perspective, comparing the January average rate of 6.3488 to the December average rate of 6.1063, the exchange rate registered a net change of -3.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 6.5417 was down 6.13% compared to the 2016 peak of 6.9689, 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 UAH 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 6.1477, compared to 5.9511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1966 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 0.6666 UAH (High: 6.3194 / Low: 5.6527). On the other end, October was the most stable month, with a tight range of 0.1131 UAH (High: 6.1242 / Low: 6.0111).
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 0.2630 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 6.3488) against the same month in 2016 (average: 6.2469), the exchange rate shifted by +0.1019 (+1.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.5417 | 6.1881 | 6.3488 |
| February | 6.2631 | 5.8535 | 6.0858 |
| March | 6.3194 | 5.6527 | 5.9572 |
| April | 6.4642 | 6.2487 | 6.3672 |
| May | 6.3308 | 5.9673 | 6.1696 |
| June | 6.1383 | 5.8690 | 5.9577 |
| July | 5.9618 | 5.8342 | 5.9076 |
| August | 5.8992 | 5.7329 | 5.7950 |
| September | 6.0147 | 5.7997 | 5.9113 |
| October | 6.1242 | 6.0111 | 6.0603 |
| November | 6.1422 | 5.7412 | 5.9261 |
| December | 6.2056 | 5.9866 | 6.1063 |