2018 GHS to AZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to AZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.3861. Conversely, the yearly low was recorded on December 2, dropping to 0.3402.
This high-to-low spread represents a total annual volatility of 0.0458 AZN. From a start-to-finish perspective, comparing the January average rate of 0.3727 to the December average rate of 0.3462, the exchange rate registered a net change of -7.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.3861 was down 14.32% compared to the 2017 peak of 0.4506, 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 AZN 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 0.3749, compared to 0.3522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0227 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 0.0203 AZN (High: 0.3608 / Low: 0.3405). On the other end, February was the most stable month, with a tight range of 0.0042 AZN (High: 0.3802 / Low: 0.3760).
Growth Streaks & Declines
TrendsBetween 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 0.0122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 0.3826) against the same month in 2017 (average: 0.3834), the exchange rate shifted by -0.0007 (-0.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.3773 | 0.3693 | 0.3727 |
| February | 0.3802 | 0.3760 | 0.3778 |
| March | 0.3861 | 0.3785 | 0.3826 |
| April | 0.3851 | 0.3794 | 0.3832 |
| May | 0.3795 | 0.3618 | 0.3725 |
| June | 0.3635 | 0.3554 | 0.3603 |
| July | 0.3579 | 0.3528 | 0.3552 |
| August | 0.3608 | 0.3492 | 0.3549 |
| September | 0.3608 | 0.3405 | 0.3556 |
| October | 0.3556 | 0.3432 | 0.3511 |
| November | 0.3559 | 0.3427 | 0.3502 |
| December | 0.3538 | 0.3402 | 0.3462 |