2018 GHS to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 9275.6641. Conversely, the yearly low was recorded on January 10, dropping to 7839.5266.
This high-to-low spread represents a total annual volatility of 1436.1375 IRR. From a start-to-finish perspective, comparing the January average rate of 7937.7698 to the December average rate of 8592.3867, the exchange rate registered a net change of 8.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 9275.6641 was up 17.65% compared to the 2017 peak of 7883.8723, 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 IRR 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 8495.6004, compared to 8862.9457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 367.3453 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 1028.2868 IRR (High: 9275.6641 / Low: 8247.3773). On the other end, June was the most stable month, with a tight range of 113.4672 IRR (High: 9008.5288 / Low: 8895.0616).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 245.7569 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 8874.2339) against the same month in 2017 (average: 7585.5631), the exchange rate shifted by +1288.6707 (+16.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8203.9058 | 7839.5266 | 7937.7698 |
| February | 8355.6267 | 8187.3943 | 8289.1937 |
| March | 8519.6199 | 8363.7857 | 8462.1782 |
| April | 8515.9737 | 8345.5604 | 8444.1860 |
| May | 9275.6641 | 8247.3773 | 8874.2339 |
| June | 9008.5288 | 8895.0616 | 8966.0406 |
| July | 9210.7103 | 8855.2733 | 9028.7257 |
| August | 9220.3647 | 8853.8664 | 9030.2678 |
| September | 9145.9776 | 8633.1924 | 9015.4812 |
| October | 8885.6966 | 8567.7988 | 8769.7243 |
| November | 8882.1812 | 8554.5003 | 8741.0885 |
| December | 8829.8520 | 8454.8193 | 8592.3867 |