2018 GHS to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 24.5383. Conversely, the yearly low was recorded on September 25, dropping to 21.4900.
This high-to-low spread represents a total annual volatility of 3.0483 ALL. From a start-to-finish perspective, comparing the January average rate of 24.1080 to the December average rate of 22.0656, the exchange rate registered a net change of -8.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.5383 was down 20.04% compared to the 2017 peak of 30.6892, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
GHS to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.7068, compared to 22.4957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2111 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 1.6914 ALL (High: 23.1814 / Low: 21.4900). On the other end, July was the most stable month, with a tight range of 0.3918 ALL (High: 22.6688 / Low: 22.2770).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.6261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 24.0406) against the same month in 2017 (average: 28.6310), the exchange rate shifted by -4.5904 (-16.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.5280 | 23.5677 | 24.1080 |
| February | 24.5383 | 23.6534 | 24.0406 |
| March | 24.2568 | 23.7731 | 24.0078 |
| April | 24.0770 | 23.5104 | 23.7195 |
| May | 23.8376 | 22.8610 | 23.4956 |
| June | 23.2111 | 22.4850 | 22.8695 |
| July | 22.6688 | 22.2770 | 22.4916 |
| August | 23.0035 | 22.3761 | 22.7041 |
| September | 23.1814 | 21.4900 | 22.6812 |
| October | 22.8756 | 22.0234 | 22.4808 |
| November | 23.0552 | 22.0027 | 22.5512 |
| December | 22.7211 | 21.6828 | 22.0656 |