2018 CAD to GHS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 CAD to GHS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the CAD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 3.8588. Conversely, the yearly low was recorded on March 17, dropping to 3.3737.
This high-to-low spread represents a total annual volatility of 0.4851 GHS. From a start-to-finish perspective, comparing the January average rate of 3.6529 to the December average rate of 3.6572, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 3.8588 was up 5.32% compared to the 2017 peak of 3.6638, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
CAD to GHS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.5458, compared to 3.6783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1325 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 0.2747 GHS (High: 3.8588 / Low: 3.5840). On the other end, July was the most stable month, with a tight range of 0.0786 GHS (High: 3.6882 / Low: 3.6097).
Growth Streaks & Declines
TrendsBetween March and August, 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 February and March, when the average rate fell by 0.1280 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 3.6761) against the same month in 2017 (average: 3.6027), the exchange rate shifted by +0.0734 (+2.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.6871 | 3.6048 | 3.6529 |
| February | 3.6819 | 3.4767 | 3.5558 |
| March | 3.4737 | 3.3737 | 3.4278 |
| April | 3.5342 | 3.4190 | 3.4865 |
| May | 3.6357 | 3.4893 | 3.5511 |
| June | 3.6647 | 3.5537 | 3.6009 |
| July | 3.6882 | 3.6097 | 3.6509 |
| August | 3.7328 | 3.6197 | 3.6781 |
| September | 3.8588 | 3.5840 | 3.6761 |
| October | 3.8505 | 3.6651 | 3.7229 |
| November | 3.7384 | 3.6173 | 3.6846 |
| December | 3.7748 | 3.5581 | 3.6572 |