YEARLY HIGH
1.7792 HKD
YEARLY LOW
1.5619 HKD
YEARLY AVERAGE
1.6761 HKD

2018 GHS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 1.7792. Conversely, the yearly low was recorded on September 25, dropping to 1.5619.

This high-to-low spread represents a total annual volatility of 0.2173 HKD. From a start-to-finish perspective, comparing the January average rate of 1.7220 to the December average rate of 1.5906, the exchange rate registered a net change of -7.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7792 was down 5.26% compared to the 2017 peak of 1.8781, 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 8,896 HKD
2017 Average 8,862 HKD
Yearly Trough Low 7,810 HKD
Transaction Impact: A difference of 1,086.55 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7874
1.5727
JanuMarcMayJulySeptNove

GHS to HKD 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 1.7310, compared to 1.6213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1097 points.

H1 Avg (Jan–Jun) 1.7310
H2 Avg (Jul–Dec) 1.6213

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.1015 HKD (High: 1.6635 / Low: 1.5619). On the other end, July was the most stable month, with a tight range of 0.0234 HKD (High: 1.6496 / Low: 1.6262).

September Spread (Volatile) ±0.1015
July Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between 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 0.0563 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0563

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.7695) against the same month in 2017 (average: 1.7153), the exchange rate shifted by +0.0542 (+3.16%).

2018 Avg (March) 1.7695
2017 Avg (March) 1.7153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7370 1.7093 1.7220
February 1.7613 1.7324 1.7493
March 1.7792 1.7557 1.7695
April 1.7777 1.7489 1.7667
May 1.7496 1.6672 1.7173
June 1.6757 1.6384 1.6610
July 1.6496 1.6262 1.6373
August 1.6639 1.6104 1.6361
September 1.6635 1.5619 1.6369
October 1.6367 1.5803 1.6166
November 1.6365 1.5748 1.6103
December 1.6237 1.5633 1.5906