YEARLY HIGH
0.3662 BGN
YEARLY LOW
0.3328 BGN
YEARLY AVERAGE
0.3540 BGN

2018 GHS to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to BGN 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 0.3328.

This high-to-low spread represents a total annual volatility of 0.0335 BGN. From a start-to-finish perspective, comparing the January average rate of 0.3531 to the December average rate of 0.3496, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3662 was down 17.45% compared to the 2017 peak of 0.4436, 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 BGN
2017 Average 1,973 BGN
Yearly Trough Low 1,664 BGN
Transaction Impact: A difference of 167.27 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3631
0.3477
JanuMarcMayJulySeptNove

GHS to BGN 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 0.3513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.3567
H2 Avg (Jul–Dec) 0.3513

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0257 BGN (High: 0.3584 / Low: 0.3328). On the other end, July was the most stable month, with a tight range of 0.0064 BGN (High: 0.3518 / Low: 0.3455).

September Spread (Volatile) ±0.0257
July Spread (Stable) ±0.0064

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 0.0073 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.3618) against the same month in 2017 (average: 0.4134), the exchange rate shifted by -0.0515 (-12.47%).

2018 Avg (May) 0.3618
2017 Avg (May) 0.4134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3600 0.3464 0.3531
February 0.3596 0.3464 0.3542
March 0.3614 0.3537 0.3579
April 0.3624 0.3551 0.3587
May 0.3662 0.3556 0.3618
June 0.3582 0.3496 0.3545
July 0.3518 0.3455 0.3490
August 0.3592 0.3477 0.3533
September 0.3584 0.3328 0.3506
October 0.3578 0.3429 0.3512
November 0.3636 0.3464 0.3540
December 0.3581 0.3435 0.3496