2018 GHS to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 40.1531. Conversely, the yearly low was recorded on December 2, dropping to 35.5733.
This high-to-low spread represents a total annual volatility of 4.5797 DJF. From a start-to-finish perspective, comparing the January average rate of 39.3552 to the December average rate of 36.2008, the exchange rate registered a net change of -8.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 40.1531 was down 7.01% compared to the 2017 peak of 43.1784, 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 DJF 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 39.2322, compared to 36.8273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4049 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 2.1281 DJF (High: 37.7281 / Low: 35.6000). On the other end, February was the most stable month, with a tight range of 0.4386 DJF (High: 39.9257 / Low: 39.4871).
Growth Streaks & Declines
TrendsBetween 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 1.1900 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 39.9574) against the same month in 2017 (average: 39.5191), the exchange rate shifted by +0.4383 (+1.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39.6342 | 39.1070 | 39.3552 |
| February | 39.9257 | 39.4871 | 39.7122 |
| March | 40.1531 | 39.7029 | 39.9574 |
| April | 40.0849 | 39.4181 | 39.8199 |
| May | 39.4425 | 37.8337 | 38.8692 |
| June | 38.0194 | 37.1608 | 37.6793 |
| July | 37.4245 | 36.8960 | 37.1256 |
| August | 37.7377 | 36.5128 | 37.1093 |
| September | 37.7281 | 35.6000 | 37.1937 |
| October | 37.1930 | 35.8871 | 36.7179 |
| November | 37.2110 | 35.8300 | 36.6166 |
| December | 36.9959 | 35.5733 | 36.2008 |