2018 GEL to GHS Historical Review

YEARLY HIGH

2.0433 GHS

YEARLY LOW

1.7465 GHS

YEARLY AVERAGE

1.8849 GHS

2018 GEL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2.0433. Conversely, the yearly low was recorded on January 1, dropping to 1.7465.

This high-to-low spread represents a total annual volatility of 0.2968 GHS. From a start-to-finish perspective, comparing the January average rate of 1.7756 to the December average rate of 1.8473, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0433 was up 5.98% compared to the 2017 peak of 1.9280, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,217 GHS

2017 Average 8,815 GHS

Yearly Trough Low 8,733 GHS

Transaction Impact: A difference of 1,484.00 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0013

1.7550

JanuMarcMayJulySeptNove

GEL 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 1.8357, compared to 1.9341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0983 points.

H1 Avg (Jan–Jun) 1.8357

H2 Avg (Jul–Dec) 1.9341

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1899 GHS (High: 2.0039 / Low: 1.8140). On the other end, March was the most stable month, with a tight range of 0.0150 GHS (High: 1.8189 / Low: 1.8039).

November Spread (Volatile) ±0.1899

March Spread (Stable) ±0.0150

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 November and December, when the average rate fell by 0.0767 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.9495) against the same month in 2017 (average: 1.7963), the exchange rate shifted by +0.1532 (+8.53%).

2018 Avg (September) 1.9495

2017 Avg (September) 1.7963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8415	1.7465	1.7756
February	1.8380	1.8059	1.8180
March	1.8189	1.8039	1.8111
April	1.8355	1.8031	1.8221
May	1.9047	1.8248	1.8628
June	1.9551	1.9042	1.9249
July	1.9717	1.9444	1.9585
August	1.9871	1.9033	1.9443
September	2.0433	1.9116	1.9495
October	2.0270	1.9529	1.9808
November	2.0039	1.8140	1.9240
December	1.8844	1.8118	1.8473