2018 ETB to GHS Historical Review

YEARLY HIGH

0.1789 GHS

YEARLY LOW

0.1601 GHS

YEARLY AVERAGE

0.1692 GHS

2018 ETB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.1789. Conversely, the yearly low was recorded on March 23, dropping to 0.1601.

This high-to-low spread represents a total annual volatility of 0.0188 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1654 to the December average rate of 0.1744, the exchange rate registered a net change of 5.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1789 was down 15.06% compared to the 2017 peak of 0.2106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 894 GHS

2017 Average 922 GHS

Yearly Trough Low 800 GHS

Transaction Impact: A difference of 94.09 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1758

0.1598

JanuMarcMayJulySeptNove

ETB 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 0.1647, compared to 0.1737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.1647

H2 Avg (Jul–Dec) 0.1737

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0091 GHS (High: 0.1789 / Low: 0.1698). On the other end, March was the most stable month, with a tight range of 0.0023 GHS (High: 0.1624 / Low: 0.1601).

September Spread (Volatile) ±0.0091

March Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between March and July, 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 January and February, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.1727) against the same month in 2017 (average: 0.1884), the exchange rate shifted by -0.0157 (-8.34%).

2018 Avg (September) 0.1727

2017 Avg (September) 0.1884

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1668	0.1636	0.1654
February	0.1638	0.1611	0.1626
March	0.1624	0.1601	0.1611
April	0.1630	0.1602	0.1617
May	0.1709	0.1630	0.1661
June	0.1737	0.1701	0.1714
July	0.1759	0.1725	0.1739
August	0.1768	0.1713	0.1736
September	0.1789	0.1698	0.1727
October	0.1779	0.1714	0.1739
November	0.1767	0.1716	0.1737
December	0.1788	0.1704	0.1744