YEARLY HIGH
6.5899 GHS
YEARLY LOW
6.0609 GHS
YEARLY AVERAGE
6.2453 GHS

2018 FKP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 6.5899. Conversely, the yearly low was recorded on August 25, dropping to 6.0609.

This high-to-low spread represents a total annual volatility of 0.5291 GHS. From a start-to-finish perspective, comparing the January average rate of 6.2752 to the December average rate of 6.2309, the exchange rate registered a net change of -0.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.5899 was up 6.11% compared to the 2017 peak of 6.2102, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,950 GHS
2017 Average 28,356 GHS
Yearly Trough Low 30,304 GHS
Transaction Impact: A difference of 2,645.32 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.3317
6.1384
JanuMarcMayJulySeptNove

FKP 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 6.2322, compared to 6.2584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0262 points.

H1 Avg (Jan–Jun) 6.2322
H2 Avg (Jul–Dec) 6.2584

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.4937 GHS (High: 6.5899 / Low: 6.0963). On the other end, March was the most stable month, with a tight range of 0.1418 GHS (High: 6.2797 / Low: 6.1380).

September Spread (Volatile) ±0.4937
March Spread (Stable) ±0.1418

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 0.1413 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 6.2452) against the same month in 2017 (average: 5.8985), the exchange rate shifted by +0.3466 (+5.88%).

2018 Avg (September) 6.2452
2017 Avg (September) 5.8985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.4631 6.1152 6.2752
February 6.4394 6.1380 6.2466
March 6.2797 6.1380 6.1903
April 6.3625 6.1537 6.2460
May 6.2540 6.0696 6.1545
June 6.3539 6.1863 6.2806
July 6.4043 6.2338 6.3156
August 6.2527 6.0609 6.1743
September 6.5899 6.0963 6.2452
October 6.4929 6.1217 6.3122
November 6.3808 6.1429 6.2720
December 6.3803 6.1129 6.2309