YEARLY HIGH
1.3108 GHS
YEARLY LOW
1.1370 GHS
YEARLY AVERAGE
1.1966 GHS

2017 QAR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 1.3108. Conversely, the yearly low was recorded on April 23, dropping to 1.1370.

This high-to-low spread represents a total annual volatility of 0.1738 GHS. From a start-to-finish perspective, comparing the January average rate of 1.1787 to the December average rate of 1.2298, the exchange rate registered a net change of 4.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3108 was up 10.44% compared to the 2016 peak of 1.1869, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,554 GHS
2016 Average 5,421 GHS
Yearly Trough Low 5,685 GHS
Transaction Impact: A difference of 868.82 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2530
1.1499
JanuMarcMayJulySeptNove

QAR 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 1.1950, compared to 1.1983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 1.1950
H2 Avg (Jul–Dec) 1.1983

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.1312 GHS (High: 1.3108 / Low: 1.1796). On the other end, September was the most stable month, with a tight range of 0.0326 GHS (High: 1.2186 / Low: 1.1860).

March Spread (Volatile) ±0.1312
September Spread (Stable) ±0.0326

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 0.0859 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 1.2444) against the same month in 2016 (average: 1.0591), the exchange rate shifted by +0.1852 (+17.49%).

2017 Avg (March) 1.2444
2016 Avg (March) 1.0591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1982 1.1603 1.1787
February 1.2744 1.1894 1.2227
March 1.3108 1.1796 1.2444
April 1.1909 1.1370 1.1585
May 1.2115 1.1493 1.1755
June 1.2090 1.1462 1.1903
July 1.2144 1.1708 1.1962
August 1.2298 1.1962 1.2073
September 1.2186 1.1860 1.1963
October 1.2116 1.1549 1.1762
November 1.2700 1.1450 1.1838
December 1.2460 1.2088 1.2298