YEARLY HIGH
0.6147 GHS
YEARLY LOW
0.5325 GHS
YEARLY AVERAGE
0.5646 GHS

2017 HKD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 0.6147. Conversely, the yearly low was recorded on April 23, dropping to 0.5325.

This high-to-low spread represents a total annual volatility of 0.0823 GHS. From a start-to-finish perspective, comparing the January average rate of 0.5533 to the December average rate of 0.5774, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6147 was up 10.32% compared to the 2016 peak of 0.5572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 15,368 GHS
2016 Average 12,715 GHS
Yearly Trough Low 13,311 GHS
Transaction Impact: A difference of 2,056.60 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5876
0.5385
JanuMarcMayJulySeptNove

HKD to GHS 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 0.5607, compared to 0.5686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.5607
H2 Avg (Jul–Dec) 0.5686

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0617 GHS (High: 0.6147 / Low: 0.5530). On the other end, October was the most stable month, with a tight range of 0.0063 GHS (High: 0.5668 / Low: 0.5606).

March Spread (Volatile) ±0.0617
October Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0409 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.5835) against the same month in 2016 (average: 0.4970), the exchange rate shifted by +0.0865 (+17.40%).

2017 Avg (March) 0.5835
2016 Avg (March) 0.4970

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5624 0.5448 0.5533
February 0.5978 0.5582 0.5737
March 0.6147 0.5530 0.5835
April 0.5579 0.5325 0.5426
May 0.5653 0.5376 0.5496
June 0.5690 0.5472 0.5612
July 0.5662 0.5566 0.5617
August 0.5725 0.5609 0.5648
September 0.5797 0.5608 0.5668
October 0.5668 0.5606 0.5635
November 0.5957 0.5643 0.5771
December 0.5802 0.5714 0.5774