YEARLY HIGH
0.4944 GHS
YEARLY LOW
0.4134 GHS
YEARLY AVERAGE
0.4537 GHS

2017 MAD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.4944. Conversely, the yearly low was recorded on April 23, dropping to 0.4134.

This high-to-low spread represents a total annual volatility of 0.0811 GHS. From a start-to-finish perspective, comparing the January average rate of 0.4266 to the December average rate of 0.4788, the exchange rate registered a net change of 12.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4944 was up 14.72% compared to the 2016 peak of 0.4310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,472 GHS
2016 Average 2,013 GHS
Yearly Trough Low 2,067 GHS
Transaction Impact: A difference of 405.25 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4846
0.4148
JanuMarcMayJulySeptNove

MAD 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 0.4376, compared to 0.4699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0323 points.

H1 Avg (Jan–Jun) 0.4376
H2 Avg (Jul–Dec) 0.4699

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0419 GHS (High: 0.4725 / Low: 0.4306). On the other end, October was the most stable month, with a tight range of 0.0072 GHS (High: 0.4681 / Low: 0.4609).

March Spread (Volatile) ±0.0419
October Spread (Stable) ±0.0072

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 0.0309 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.4765) against the same month in 2016 (average: 0.4052), the exchange rate shifted by +0.0714 (+17.62%).

2017 Avg (November) 0.4765
2016 Avg (November) 0.4052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4362 0.4155 0.4266
February 0.4591 0.4327 0.4424
March 0.4725 0.4306 0.4515
April 0.4306 0.4134 0.4206
May 0.4512 0.4230 0.4354
June 0.4564 0.4386 0.4489
July 0.4646 0.4513 0.4578
August 0.4755 0.4633 0.4680
September 0.4790 0.4672 0.4729
October 0.4681 0.4609 0.4655
November 0.4944 0.4623 0.4765
December 0.4849 0.4738 0.4788