YEARLY HIGH
0.7885 GHS
YEARLY LOW
0.7166 GHS
YEARLY AVERAGE
0.7413 GHS

2018 DKK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.7885. Conversely, the yearly low was recorded on May 19, dropping to 0.7166.

This high-to-low spread represents a total annual volatility of 0.0719 GHS. From a start-to-finish perspective, comparing the January average rate of 0.7441 to the December average rate of 0.7495, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7885 was up 6.08% compared to the 2017 peak of 0.7433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,943 GHS
2017 Average 3,344 GHS
Yearly Trough Low 3,583 GHS
Transaction Impact: A difference of 359.67 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7547
0.7226
JanuMarcMayJulySeptNove

DKK 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 0.7361, compared to 0.7465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.7361
H2 Avg (Jul–Dec) 0.7465

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0574 GHS (High: 0.7885 / Low: 0.7311). On the other end, July was the most stable month, with a tight range of 0.0127 GHS (High: 0.7595 / Low: 0.7469).

September Spread (Volatile) ±0.0574
July Spread (Stable) ±0.0127

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 0.0096 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.7480) against the same month in 2017 (average: 0.7092), the exchange rate shifted by +0.0388 (+5.46%).

2018 Avg (September) 0.7480
2017 Avg (September) 0.7092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7581 0.7300 0.7441
February 0.7586 0.7306 0.7415
March 0.7423 0.7269 0.7337
April 0.7386 0.7237 0.7319
May 0.7393 0.7166 0.7253
June 0.7511 0.7317 0.7404
July 0.7595 0.7469 0.7520
August 0.7536 0.7302 0.7425
September 0.7885 0.7311 0.7480
October 0.7648 0.7325 0.7466
November 0.7567 0.7209 0.7407
December 0.7621 0.7314 0.7495