YEARLY HIGH
2.3305 BWP
YEARLY LOW
2.1041 BWP
YEARLY AVERAGE
2.1768 BWP

2018 GHS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 2.3305. Conversely, the yearly low was recorded on January 28, dropping to 2.1041.

This high-to-low spread represents a total annual volatility of 0.2264 BWP. From a start-to-finish perspective, comparing the January average rate of 2.1459 to the December average rate of 2.1748, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3305 was down 8.32% compared to the 2017 peak of 2.5420, 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 11,653 BWP
2017 Average 11,765 BWP
Yearly Trough Low 10,520 BWP
Transaction Impact: A difference of 1,132.12 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.2648
2.1260
JanuMarcMayJulySeptNove

GHS to BWP 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 2.1587, compared to 2.1950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 2.1587
H2 Avg (Jul–Dec) 2.1950

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.2027 BWP (High: 2.3305 / Low: 2.1278). On the other end, March was the most stable month, with a tight range of 0.0404 BWP (High: 2.1777 / Low: 2.1374).

September Spread (Volatile) ±0.2027
March Spread (Stable) ±0.0404

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0525 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.2532) against the same month in 2017 (average: 2.2950), the exchange rate shifted by -0.0417 (-1.82%).

2018 Avg (September) 2.2532
2017 Avg (September) 2.2950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1744 2.1041 2.1459
February 2.1813 2.1093 2.1375
March 2.1777 2.1374 2.1588
April 2.2035 2.1548 2.1750
May 2.2106 2.1168 2.1707
June 2.2134 2.1139 2.1640
July 2.1858 2.1299 2.1498
August 2.2693 2.1401 2.2037
September 2.3305 2.1278 2.2532
October 2.2407 2.1455 2.2007
November 2.2436 2.1196 2.1879
December 2.2222 2.1137 2.1748