YEARLY HIGH
10.7838 GMD
YEARLY LOW
9.7650 GMD
YEARLY AVERAGE
10.2788 GMD

2018 GHS to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 10.7838. Conversely, the yearly low was recorded on September 25, dropping to 9.7650.

This high-to-low spread represents a total annual volatility of 1.0188 GMD. From a start-to-finish perspective, comparing the January average rate of 10.5707 to the December average rate of 10.0588, the exchange rate registered a net change of -4.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 10.7838 was down 2.22% compared to the 2017 peak of 11.0286, 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 53,919 GMD
2017 Average 52,097 GMD
Yearly Trough Low 48,825 GMD
Transaction Impact: A difference of 5,093.80 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

10.7492
9.8791
JanuMarcMayJulySeptNove

GHS to GMD 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 10.4624, compared to 10.0952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3672 points.

H1 Avg (Jan–Jun) 10.4624
H2 Avg (Jul–Dec) 10.0952

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.5577 GMD (High: 10.3227 / Low: 9.7650). On the other end, February was the most stable month, with a tight range of 0.1510 GMD (High: 10.6700 / Low: 10.5190).

September Spread (Volatile) ±0.5577
February Spread (Stable) ±0.1510

Growth Streaks & Declines

Trends

Between July and October, 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 0.3311 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 10.6767) against the same month in 2017 (average: 9.8822), the exchange rate shifted by +0.7945 (+8.04%).

2018 Avg (March) 10.6767
2017 Avg (March) 9.8822

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7645 10.4011 10.5707
February 10.6700 10.5190 10.5870
March 10.7838 10.5830 10.6767
April 10.7339 10.5046 10.6308
May 10.5073 10.0189 10.3202
June 10.0787 9.8445 9.9891
July 10.1044 9.7988 9.9516
August 10.1789 9.8804 10.0266
September 10.3227 9.7650 10.1371
October 10.3505 9.9748 10.2055
November 10.3685 9.9630 10.1917
December 10.2853 9.8916 10.0588