YEARLY HIGH
1.4525 GHS
YEARLY LOW
1.2439 GHS
YEARLY AVERAGE
1.3496 GHS

2017 PEN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 1.4525. Conversely, the yearly low was recorded on January 11, dropping to 1.2439.

This high-to-low spread represents a total annual volatility of 0.2087 GHS. From a start-to-finish perspective, comparing the January average rate of 1.2859 to the December average rate of 1.3903, the exchange rate registered a net change of 8.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.4525 was up 13.83% compared to the 2016 peak of 1.2760, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,263 GHS
2016 Average 5,852 GHS
Yearly Trough Low 6,219 GHS
Transaction Impact: A difference of 1,043.25 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4007
1.2754
JanuMarcMayJulySeptNove

PEN 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 1.3311, compared to 1.3682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0371 points.

H1 Avg (Jan–Jun) 1.3311
H2 Avg (Jul–Dec) 1.3682

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1400 GHS (High: 1.4354 / Low: 1.2954). On the other end, October was the most stable month, with a tight range of 0.0157 GHS (High: 1.3599 / Low: 1.3442).

November Spread (Volatile) ±0.1400
October Spread (Stable) ±0.0157

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 0.0908 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0908

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 1.3885) against the same month in 2016 (average: 1.1332), the exchange rate shifted by +0.2554 (+22.54%).

2017 Avg (March) 1.3885
2016 Avg (March) 1.1332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3264 1.2439 1.2859
February 1.4215 1.3222 1.3663
March 1.4525 1.3228 1.3885
April 1.3317 1.2763 1.2978
May 1.3461 1.2791 1.3080
June 1.3590 1.3080 1.3402
July 1.3641 1.3398 1.3509
August 1.3804 1.3538 1.3629
September 1.3829 1.3468 1.3645
October 1.3599 1.3442 1.3525
November 1.4354 1.2954 1.3879
December 1.3999 1.3696 1.3903