YEARLY HIGH
3.0051 GHS
YEARLY LOW
2.7306 GHS
YEARLY AVERAGE
2.8253 GHS

2018 BGN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 3.0051. Conversely, the yearly low was recorded on May 18, dropping to 2.7306.

This high-to-low spread represents a total annual volatility of 0.2745 GHS. From a start-to-finish perspective, comparing the January average rate of 2.8325 to the December average rate of 2.8606, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.0051 was up 6.17% compared to the 2017 peak of 2.8305, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,025 GHS
2017 Average 12,717 GHS
Yearly Trough Low 13,653 GHS
Transaction Impact: A difference of 1,372.57 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8753
2.7538
JanuMarcMayJulySeptNove

BGN 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 2.8037, compared to 2.8469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0432 points.

H1 Avg (Jan–Jun) 2.8037
H2 Avg (Jul–Dec) 2.8469

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.2152 GHS (High: 3.0051 / Low: 2.7899). On the other end, July was the most stable month, with a tight range of 0.0523 GHS (High: 2.8945 / Low: 2.8421).

September Spread (Volatile) ±0.2152
July Spread (Stable) ±0.0523

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0348 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.8527) against the same month in 2017 (average: 2.6986), the exchange rate shifted by +0.1541 (+5.71%).

2018 Avg (September) 2.8527
2017 Avg (September) 2.6986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8867 2.7777 2.8325
February 2.8871 2.7806 2.8237
March 2.8276 2.7667 2.7938
April 2.8162 2.7595 2.7877
May 2.8122 2.7306 2.7639
June 2.8607 2.7914 2.8207
July 2.8945 2.8421 2.8652
August 2.8763 2.7838 2.8304
September 3.0051 2.7899 2.8527
October 2.9163 2.7952 2.8478
November 2.8870 2.7500 2.8250
December 2.9108 2.7922 2.8606