2017 HNL to GHS Historical Review

YEARLY HIGH

0.2029 GHS

YEARLY LOW

0.1768 GHS

YEARLY AVERAGE

0.1875 GHS

2017 HNL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 0.2029. Conversely, the yearly low was recorded on April 23, dropping to 0.1768.

This high-to-low spread represents a total annual volatility of 0.0262 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1838 to the December average rate of 0.1909, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2029 was up 9.01% compared to the 2016 peak of 0.1862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 1,015 GHS

2016 Average 867 GHS

Yearly Trough Low 884 GHS

Transaction Impact: A difference of 130.91 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1942

0.1786

JanuMarcMayJulySeptNove

HNL 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 0.1858, compared to 0.1891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1858

H2 Avg (Jul–Dec) 0.1891

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0204 GHS (High: 0.2029 / Low: 0.1825). On the other end, December was the most stable month, with a tight range of 0.0025 GHS (High: 0.1920 / Low: 0.1894).

March Spread (Volatile) ±0.0204

December Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0129 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.1929) against the same month in 2016 (average: 0.1706), the exchange rate shifted by +0.0223 (+13.05%).

2017 Avg (March) 0.1929

2016 Avg (March) 0.1706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1876	0.1813	0.1838
February	0.1972	0.1834	0.1891
March	0.2029	0.1825	0.1929
April	0.1854	0.1768	0.1799
May	0.1886	0.1784	0.1825
June	0.1892	0.1822	0.1868
July	0.1896	0.1861	0.1875
August	0.1915	0.1872	0.1892
September	0.1936	0.1874	0.1890
October	0.1885	0.1855	0.1872
November	0.1961	0.1858	0.1908
December	0.1920	0.1894	0.1909