2017 TOP to GHS Historical Review

YEARLY HIGH

2.1195 GHS

YEARLY LOW

1.7828 GHS

YEARLY AVERAGE

1.9429 GHS

2017 TOP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 2.1195. Conversely, the yearly low was recorded on May 6, dropping to 1.7828.

This high-to-low spread represents a total annual volatility of 0.3367 GHS. From a start-to-finish perspective, comparing the January average rate of 1.8649 to the December average rate of 1.9718, the exchange rate registered a net change of 5.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1195 was up 10.03% compared to the 2016 peak of 1.9263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,598 GHS

2016 Average 8,766 GHS

Yearly Trough Low 8,914 GHS

Transaction Impact: A difference of 1,683.39 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0214

1.8198

JanuMarcMayJulySeptNove

TOP 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 1.9043, compared to 1.9814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0771 points.

H1 Avg (Jan–Jun) 1.9043

H2 Avg (Jul–Dec) 1.9814

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.2565 GHS (High: 2.1195 / Low: 1.8630). On the other end, October was the most stable month, with a tight range of 0.0597 GHS (High: 1.9912 / Low: 1.9315).

March Spread (Volatile) ±0.2565

October Spread (Stable) ±0.0597

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 0.1456 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 1.9822) against the same month in 2016 (average: 1.7119), the exchange rate shifted by +0.2703 (+15.79%).

2017 Avg (March) 1.9822

2016 Avg (March) 1.7119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9090	1.8255	1.8649
February	2.0644	1.9081	1.9705
March	2.1195	1.8630	1.9822
April	1.8874	1.7976	1.8366
May	1.9039	1.7828	1.8480
June	1.9617	1.8631	1.9237
July	1.9969	1.9318	1.9616
August	2.0444	1.9720	2.0046
September	2.0331	1.9721	2.0019
October	1.9912	1.9315	1.9652
November	2.0442	1.9435	1.9836
December	2.0014	1.9399	1.9718