2018 GHS to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 129.3040. Conversely, the yearly low was recorded on September 25, dropping to 115.7825.
This high-to-low spread represents a total annual volatility of 13.5216 CRC. From a start-to-finish perspective, comparing the January average rate of 124.9093 to the December average rate of 121.7135, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 129.3040 was down 5.74% compared to the 2017 peak of 137.1775, 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 CRC 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 125.3757, compared to 121.1370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2388 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 8.8329 CRC (High: 129.3040 / Low: 120.4712). On the other end, March was the most stable month, with a tight range of 1.2585 CRC (High: 128.9962 / Low: 127.7377).
Growth Streaks & Declines
TrendsBetween August and November, 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 3.8104 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 125.5203) against the same month in 2017 (average: 126.1843), the exchange rate shifted by -0.6641 (-0.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 126.3784 | 123.6827 | 124.9093 |
| February | 129.1340 | 125.7113 | 127.7456 |
| March | 128.9962 | 127.7377 | 128.3015 |
| April | 128.3794 | 126.1943 | 127.4494 |
| May | 126.1634 | 120.3789 | 123.8295 |
| June | 121.0531 | 118.3648 | 120.0191 |
| July | 119.1046 | 117.6357 | 118.3330 |
| August | 120.5678 | 116.3506 | 118.3259 |
| September | 123.9431 | 115.7825 | 120.9615 |
| October | 124.8220 | 117.5143 | 121.9676 |
| November | 129.3040 | 120.4712 | 125.5203 |
| December | 124.5631 | 119.8077 | 121.7135 |