YEARLY HIGH
0.1609 JOD
YEARLY LOW
0.1418 JOD
YEARLY AVERAGE
0.1517 JOD

2018 GHS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.1609. Conversely, the yearly low was recorded on December 2, dropping to 0.1418.

This high-to-low spread represents a total annual volatility of 0.0191 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1563 to the December average rate of 0.1443, the exchange rate registered a net change of -7.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1609 was down 6.05% compared to the 2017 peak of 0.1713, 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 805 JOD
2017 Average 807 JOD
Yearly Trough Low 709 JOD
Transaction Impact: A difference of 95.69 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1616
0.1427
JanuMarcMayJulySeptNove

GHS to JOD 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 0.1567, compared to 0.1468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.1567
H2 Avg (Jul–Dec) 0.1468

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0084 JOD (High: 0.1503 / Low: 0.1419). On the other end, March was the most stable month, with a tight range of 0.0020 JOD (High: 0.1609 / Low: 0.1590).

September Spread (Volatile) ±0.0084
March Spread (Stable) ±0.0020

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 May and June, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.1601) against the same month in 2017 (average: 0.1566), the exchange rate shifted by +0.0034 (+2.19%).

2018 Avg (March) 0.1601
2017 Avg (March) 0.1566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1576 0.1549 0.1563
February 0.1598 0.1572 0.1587
March 0.1609 0.1590 0.1601
April 0.1607 0.1581 0.1597
May 0.1581 0.1508 0.1552
June 0.1515 0.1481 0.1502
July 0.1491 0.1470 0.1480
August 0.1504 0.1456 0.1479
September 0.1503 0.1419 0.1482
October 0.1482 0.1430 0.1463
November 0.1483 0.1428 0.1459
December 0.1474 0.1418 0.1443