2018 GHS to AFN Historical Review

YEARLY HIGH

15.9969 AFN

YEARLY LOW

13.3396 AFN

YEARLY AVERAGE

15.4634 AFN

2018 GHS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 15.9969. Conversely, the yearly low was recorded on November 18, dropping to 13.3396.

This high-to-low spread represents a total annual volatility of 2.6573 AFN. From a start-to-finish perspective, comparing the January average rate of 15.3693 to the December average rate of 15.3709, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 15.9969 was down 2.01% compared to the 2017 peak of 16.3255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,984 AFN

2017 Average 77,259 AFN

Yearly Trough Low 66,698 AFN

Transaction Impact: A difference of 13,286.43 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

15.8131

15.1004

JanuMarcMayJulySeptNove

GHS to AFN 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 15.5083, compared to 15.4184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0899 points.

H1 Avg (Jan–Jun) 15.5083

H2 Avg (Jul–Dec) 15.4184

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 2.4968 AFN (High: 15.8364 / Low: 13.3396). On the other end, March was the most stable month, with a tight range of 0.2018 AFN (High: 15.7791 / Low: 15.5774).

November Spread (Volatile) ±2.4968

March Spread (Stable) ±0.2018

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3601 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 15.6621) against the same month in 2017 (average: 15.4808), the exchange rate shifted by +0.1814 (+1.17%).

2018 Avg (September) 15.6621

2017 Avg (September) 15.4808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.5882	15.2635	15.3693
February	15.6747	15.3893	15.5110
March	15.7791	15.5774	15.6746
April	15.8373	15.6248	15.7537
May	15.7400	15.1946	15.5507
June	15.3946	15.0559	15.1907
July	15.3883	14.9367	15.2023
August	15.5203	14.9243	15.1598
September	15.9969	15.1102	15.6621
October	15.8469	15.2417	15.6209
November	15.8364	13.3396	15.4945
December	15.7634	15.1953	15.3709