2018 GHS to ILS Historical Review

YEARLY HIGH

0.8074 ILS

YEARLY LOW

0.7171 ILS

YEARLY AVERAGE

0.7680 ILS

2018 GHS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 25, valuing the pair at 0.8074. Conversely, the yearly low was recorded on September 25, dropping to 0.7171.

This high-to-low spread represents a total annual volatility of 0.0903 ILS. From a start-to-finish perspective, comparing the January average rate of 0.7534 to the December average rate of 0.7633, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8074 was down 11.49% compared to the 2017 peak of 0.9122, 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 4,037 ILS

2017 Average 4,091 ILS

Yearly Trough Low 3,586 ILS

Transaction Impact: A difference of 451.53 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8011

0.7456

JanuMarcMayJulySeptNove

GHS to ILS 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 0.7771, compared to 0.7590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.7771

H2 Avg (Jul–Dec) 0.7590

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0498 ILS (High: 0.8071 / Low: 0.7573). On the other end, July was the most stable month, with a tight range of 0.0175 ILS (High: 0.7695 / Low: 0.7520).

May Spread (Volatile) ±0.0498

July Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between September and December, 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 0.0222 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.7965) against the same month in 2017 (average: 0.8650), the exchange rate shifted by -0.0686 (-7.93%).

2018 Avg (April) 0.7965

2017 Avg (April) 0.8650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7679	0.7452	0.7534
February	0.7942	0.7595	0.7824
March	0.7939	0.7718	0.7822
April	0.8074	0.7893	0.7965
May	0.8071	0.7573	0.7851
June	0.7731	0.7528	0.7629
July	0.7695	0.7520	0.7599
August	0.7765	0.7508	0.7639
September	0.7623	0.7171	0.7502
October	0.7708	0.7332	0.7545
November	0.7743	0.7487	0.7620
December	0.7781	0.7453	0.7633