YEARLY HIGH
9275.6641 IRR
YEARLY LOW
7839.5266 IRR
YEARLY AVERAGE
8679.2730 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 46,378,320 IRR
2017 Average 37,571,217 IRR
Yearly Trough Low 39,197,633 IRR
Transaction Impact: A difference of 7,180,687.56 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

9139.5176
7828.5200
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 8495.6004
H2 Avg (Jul–Dec) 8862.9457

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±1028.2868
June Spread (Stable) ±113.4672

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -245.7569

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (May) 8874.2339
2017 Avg (May) 7585.5631

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