2018 GHS to CVE Historical Review

YEARLY HIGH

20.6734 CVE

YEARLY LOW

18.7673 CVE

YEARLY AVERAGE

20.0163 CVE

2018 GHS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 20.6734. Conversely, the yearly low was recorded on September 25, dropping to 18.7673.

This high-to-low spread represents a total annual volatility of 1.9061 CVE. From a start-to-finish perspective, comparing the January average rate of 19.9966 to the December average rate of 19.7582, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 20.6734 was down 17.20% compared to the 2017 peak of 24.9682, 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 103,367 CVE

2017 Average 111,583 CVE

Yearly Trough Low 93,837 CVE

Transaction Impact: A difference of 9,530.74 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

20.5047

19.6612

JanuMarcMayJulySeptNove

GHS to CVE 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 20.1818, compared to 19.8508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3311 points.

H1 Avg (Jan–Jun) 20.1818

H2 Avg (Jul–Dec) 19.8508

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 1.3443 CVE (High: 20.1116 / Low: 18.7673). On the other end, July was the most stable month, with a tight range of 0.3986 CVE (High: 19.9280 / Low: 19.5295).

September Spread (Volatile) ±1.3443

July Spread (Stable) ±0.3986

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 0.3793 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 20.4344) against the same month in 2017 (average: 23.3993), the exchange rate shifted by -2.9649 (-12.67%).

2018 Avg (May) 20.4344

2017 Avg (May) 23.3993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3772	19.4615	19.9966
February	20.3604	19.6677	20.0484
March	20.3967	19.9829	20.2507
April	20.5453	20.1276	20.3056
May	20.6734	20.0909	20.4344
June	20.2658	19.7529	20.0552
July	19.9280	19.5295	19.7315
August	20.3352	19.7159	19.9626
September	20.1116	18.7673	19.8031
October	20.2445	19.3166	19.8618
November	20.3359	19.5595	19.9874
December	20.2901	19.4193	19.7582