2018 GHS to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 8.6330. Conversely, the yearly low was recorded on January 2, dropping to 4.0496.
This high-to-low spread represents a total annual volatility of 4.5834 ARS. From a start-to-finish perspective, comparing the January average rate of 4.1853 to the December average rate of 7.6868, the exchange rate registered a net change of 83.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 8.6330 was up 104.14% compared to the 2017 peak of 4.2289, 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 ARS 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 4.7547, compared to 7.1399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3852 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 2.5049 ARS (High: 8.1836 / Low: 5.6787). On the other end, March was the most stable month, with a tight range of 0.0805 ARS (High: 4.6006 / Low: 4.5201).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4205 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 8.0548) against the same month in 2017 (average: 3.8910), the exchange rate shifted by +4.1638 (+107.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.3605 | 4.0496 | 4.1853 |
| February | 4.5284 | 4.2894 | 4.4350 |
| March | 4.6006 | 4.5201 | 4.5621 |
| April | 4.6143 | 4.5279 | 4.5568 |
| May | 5.5064 | 4.6090 | 5.1495 |
| June | 6.0309 | 5.2899 | 5.6393 |
| July | 6.0537 | 5.6701 | 5.7613 |
| August | 8.1836 | 5.6787 | 6.2258 |
| September | 8.6330 | 7.6273 | 8.0548 |
| October | 8.1262 | 7.3828 | 7.6343 |
| November | 7.9597 | 7.2416 | 7.4761 |
| December | 7.9037 | 7.4833 | 7.6868 |