YEARLY HIGH
25.7571 ISK
YEARLY LOW
21.7329 ISK
YEARLY AVERAGE
23.0887 ISK

2018 GHS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 25.7571. Conversely, the yearly low was recorded on July 25, dropping to 21.7329.

This high-to-low spread represents a total annual volatility of 4.0242 ISK. From a start-to-finish perspective, comparing the January average rate of 22.6230 to the December average rate of 24.4999, the exchange rate registered a net change of 8.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 25.7571 was down 6.78% compared to the 2017 peak of 27.6296, 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 128,786 ISK
2017 Average 121,286 ISK
Yearly Trough Low 108,665 ISK
Transaction Impact: A difference of 20,120.92 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

25.5931
21.9038
JanuMarcMayJulySeptNove

GHS to ISK 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 22.5680, compared to 23.6094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0414 points.

H1 Avg (Jan–Jun) 22.5680
H2 Avg (Jul–Dec) 23.6094

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 2.2818 ISK (High: 25.1985 / Low: 22.9167). On the other end, March was the most stable month, with a tight range of 0.4591 ISK (High: 22.6247 / Low: 22.1656).

October Spread (Volatile) ±2.2818
March Spread (Stable) ±0.4591

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.7857 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 25.2856) against the same month in 2017 (average: 23.1280), the exchange rate shifted by +2.1576 (+9.33%).

2018 Avg (November) 25.2856
2017 Avg (November) 23.1280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.0634 22.1150 22.6230
February 23.0518 22.1035 22.5797
March 22.6247 22.1656 22.4504
April 22.7773 22.1580 22.4269
May 23.1303 22.1881 22.7252
June 23.0906 22.0146 22.6028
July 22.5017 21.7329 22.2112
August 22.8179 22.0205 22.4375
September 23.8237 21.9100 23.0663
October 25.1985 22.9167 24.1558
November 25.7571 24.7952 25.2856
December 25.5761 23.8388 24.4999