YEARLY HIGH
29.0345 JMD
YEARLY LOW
25.4429 JMD
YEARLY AVERAGE
27.5435 JMD

2018 GHS to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 29.0345. Conversely, the yearly low was recorded on December 2, dropping to 25.4429.

This high-to-low spread represents a total annual volatility of 3.5915 JMD. From a start-to-finish perspective, comparing the January average rate of 27.3511 to the December average rate of 25.9980, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 29.0345 was down 6.76% compared to the 2017 peak of 31.1398, 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 145,172 JMD
2017 Average 145,937 JMD
Yearly Trough Low 127,215 JMD
Transaction Impact: A difference of 17,957.66 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

28.9790
25.7270
JanuMarcMayJulySeptNove

GHS to JMD 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 27.8660, compared to 27.2210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6450 points.

H1 Avg (Jan–Jun) 27.8660
H2 Avg (Jul–Dec) 27.2210

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 1.8081 JMD (High: 29.0001 / Low: 27.1920). On the other end, January was the most stable month, with a tight range of 0.5722 JMD (High: 27.6537 / Low: 27.0816).

September Spread (Volatile) ±1.8081
January Spread (Stable) ±0.5722

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 October and November, when the average rate fell by 1.2334 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 28.7080) against the same month in 2017 (average: 28.4308), the exchange rate shifted by +0.2772 (+0.98%).

2018 Avg (March) 28.7080
2017 Avg (March) 28.4308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.6537 27.0816 27.3511
February 28.4737 27.5513 28.1152
March 29.0345 28.4616 28.7080
April 28.5178 27.7786 28.0918
May 27.8087 26.9695 27.4759
June 27.9319 26.9866 27.4540
July 28.0164 26.8683 27.3217
August 28.9629 27.6821 28.2620
September 29.0001 27.1920 28.4557
October 28.1083 26.4335 27.2609
November 26.5729 25.5118 26.0275
December 26.5916 25.4429 25.9980