YEARLY HIGH
0.3662 BAM
YEARLY LOW
0.3326 BAM
YEARLY AVERAGE
0.3537 BAM

2018 GHS to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.3662. Conversely, the yearly low was recorded on September 25, dropping to 0.3326.

This high-to-low spread represents a total annual volatility of 0.0336 BAM. From a start-to-finish perspective, comparing the January average rate of 0.3534 to the December average rate of 0.3494, the exchange rate registered a net change of -1.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3662 was down 17.48% compared to the 2017 peak of 0.4438, 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 1,831 BAM
2017 Average 1,973 BAM
Yearly Trough Low 1,663 BAM
Transaction Impact: A difference of 168.17 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3630
0.3470
JanuMarcMayJulySeptNove

GHS to BAM 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 0.3567, compared to 0.3507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.3567
H2 Avg (Jul–Dec) 0.3507

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0242 BAM (High: 0.3568 / Low: 0.3326). On the other end, April was the most stable month, with a tight range of 0.0051 BAM (High: 0.3606 / Low: 0.3555).

September Spread (Volatile) ±0.0242
April Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0071 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.3617) against the same month in 2017 (average: 0.4135), the exchange rate shifted by -0.0519 (-12.54%).

2018 Avg (May) 0.3617
2017 Avg (May) 0.4135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3599 0.3465 0.3534
February 0.3597 0.3483 0.3541
March 0.3607 0.3538 0.3580
April 0.3606 0.3555 0.3582
May 0.3662 0.3559 0.3617
June 0.3589 0.3504 0.3546
July 0.3526 0.3410 0.3483
August 0.3576 0.3471 0.3529
September 0.3568 0.3326 0.3494
October 0.3576 0.3415 0.3511
November 0.3623 0.3459 0.3529
December 0.3579 0.3444 0.3494