YEARLY HIGH
1.1309 GHS
YEARLY LOW
0.9411 GHS
YEARLY AVERAGE
1.0242 GHS

2017 MYR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 1.1309. Conversely, the yearly low was recorded on April 22, dropping to 0.9411.

This high-to-low spread represents a total annual volatility of 0.1898 GHS. From a start-to-finish perspective, comparing the January average rate of 0.9626 to the December average rate of 1.1063, the exchange rate registered a net change of 14.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1309 was up 12.78% compared to the 2016 peak of 1.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 22,617 GHS
2016 Average 19,071 GHS
Yearly Trough Low 18,822 GHS
Transaction Impact: A difference of 3,795.60 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1212
0.9429
JanuMarcMayJulySeptNove

MYR 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 0.9930, compared to 1.0554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0624 points.

H1 Avg (Jan–Jun) 0.9930
H2 Avg (Jul–Dec) 1.0554

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.1011 GHS (High: 1.0721 / Low: 0.9710). On the other end, October was the most stable month, with a tight range of 0.0144 GHS (High: 1.0485 / Low: 1.0342).

March Spread (Volatile) ±0.1011
October Spread (Stable) ±0.0144

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 0.0630 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.0808) against the same month in 2016 (average: 0.9297), the exchange rate shifted by +0.1511 (+16.25%).

2017 Avg (November) 1.0808
2016 Avg (November) 0.9297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9848 0.9427 0.9626
February 1.0451 0.9776 1.0022
March 1.0721 0.9710 1.0207
April 0.9797 0.9411 0.9578
May 1.0251 0.9647 0.9915
June 1.0359 0.9981 1.0230
July 1.0326 1.0150 1.0225
August 1.0432 1.0225 1.0312
September 1.0724 1.0359 1.0511
October 1.0485 1.0342 1.0401
November 1.1309 1.0398 1.0808
December 1.1157 1.0982 1.1063