YEARLY HIGH
1.5669 BOB
YEARLY LOW
1.3814 BOB
YEARLY AVERAGE
1.4777 BOB

2018 GHS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 1.5669. Conversely, the yearly low was recorded on December 2, dropping to 1.3814.

This high-to-low spread represents a total annual volatility of 0.1855 BOB. From a start-to-finish perspective, comparing the January average rate of 1.5222 to the December average rate of 1.4054, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.5669 was down 6.30% compared to the 2017 peak of 1.6722, 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 7,834 BOB
2017 Average 7,890 BOB
Yearly Trough Low 6,907 BOB
Transaction Impact: A difference of 927.31 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.5750
1.3900
JanuMarcMayJulySeptNove

GHS to BOB 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 1.5263, compared to 1.4291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0972 points.

H1 Avg (Jan–Jun) 1.5263
H2 Avg (Jul–Dec) 1.4291

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0822 BOB (High: 1.4658 / Low: 1.3836). On the other end, March was the most stable month, with a tight range of 0.0176 BOB (High: 1.5669 / Low: 1.5493).

September Spread (Volatile) ±0.0822
March Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0491 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.5596) against the same month in 2017 (average: 1.5294), the exchange rate shifted by +0.0302 (+1.97%).

2018 Avg (March) 1.5596
2017 Avg (March) 1.5294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5340 1.5060 1.5222
February 1.5563 1.5308 1.5456
March 1.5669 1.5493 1.5596
April 1.5664 1.5410 1.5553
May 1.5412 1.4737 1.5121
June 1.4761 1.4417 1.4630
July 1.4504 1.4295 1.4402
August 1.4601 1.4173 1.4396
September 1.4658 1.3836 1.4443
October 1.4419 1.3935 1.4250
November 1.4417 1.3914 1.4203
December 1.4360 1.3814 1.4054