YEARLY HIGH
0.0451 GHS
YEARLY LOW
0.0362 GHS
YEARLY AVERAGE
0.0413 GHS

2017 ISK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0451. Conversely, the yearly low was recorded on January 11, dropping to 0.0362.

This high-to-low spread represents a total annual volatility of 0.0089 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0376 to the December average rate of 0.0430, the exchange rate registered a net change of 14.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0451 was up 15.21% compared to the 2016 peak of 0.0391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225 GHS
2016 Average 164 GHS
Yearly Trough Low 181 GHS
Transaction Impact: A difference of 44.44 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0440
0.0370
JanuMarcMayJulySeptNove

ISK 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 0.0404, compared to 0.0422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0404
H2 Avg (Jul–Dec) 0.0422

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0065 GHS (High: 0.0447 / Low: 0.0382). On the other end, October was the most stable month, with a tight range of 0.0008 GHS (High: 0.0420 / Low: 0.0412).

March Spread (Volatile) ±0.0065
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0433) against the same month in 2016 (average: 0.0360), the exchange rate shifted by +0.0073 (+20.31%).

2017 Avg (November) 0.0433
2016 Avg (November) 0.0360

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0382 0.0362 0.0376
February 0.0435 0.0382 0.0400
March 0.0447 0.0382 0.0415
April 0.0398 0.0373 0.0382
May 0.0441 0.0394 0.0417
June 0.0446 0.0416 0.0434
July 0.0429 0.0408 0.0421
August 0.0423 0.0406 0.0417
September 0.0424 0.0409 0.0416
October 0.0420 0.0412 0.0417
November 0.0451 0.0414 0.0433
December 0.0439 0.0426 0.0430