YEARLY HIGH
0.4656 FJD
YEARLY LOW
0.4224 FJD
YEARLY AVERAGE
0.4450 FJD

2018 GHS to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.4656. Conversely, the yearly low was recorded on December 2, dropping to 0.4224.

This high-to-low spread represents a total annual volatility of 0.0433 FJD. From a start-to-finish perspective, comparing the January average rate of 0.4450 to the December average rate of 0.4317, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4656 was down 7.47% compared to the 2017 peak of 0.5032, 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 2,328 FJD
2017 Average 2,342 FJD
Yearly Trough Low 2,112 FJD
Transaction Impact: A difference of 216.43 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4622
0.4289
JanuMarcMayJulySeptNove

GHS to FJD 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 0.4515, compared to 0.4385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.4515
H2 Avg (Jul–Dec) 0.4385

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0255 FJD (High: 0.4510 / Low: 0.4255). On the other end, July was the most stable month, with a tight range of 0.0077 FJD (High: 0.4404 / Low: 0.4328).

September Spread (Volatile) ±0.0255
July Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between January and April, 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 0.0150 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.4550) against the same month in 2017 (average: 0.4897), the exchange rate shifted by -0.0347 (-7.08%).

2018 Avg (May) 0.4550
2017 Avg (May) 0.4897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4536 0.4392 0.4450
February 0.4581 0.4415 0.4514
March 0.4633 0.4534 0.4582
April 0.4648 0.4543 0.4594
May 0.4656 0.4407 0.4550
June 0.4439 0.4345 0.4400
July 0.4404 0.4328 0.4376
August 0.4480 0.4343 0.4399
September 0.4510 0.4255 0.4437
October 0.4484 0.4308 0.4424
November 0.4473 0.4244 0.4356
December 0.4409 0.4224 0.4317