2018 GHS to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 24.9272. Conversely, the yearly low was recorded on December 20, dropping to 22.4598.
This high-to-low spread represents a total annual volatility of 2.4674 JPY. From a start-to-finish perspective, comparing the January average rate of 24.4377 to the December average rate of 22.8040, the exchange rate registered a net change of -6.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.9272 was down 10.26% compared to the 2017 peak of 27.7759, 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 JPY 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 24.0023, compared to 23.1880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8143 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 1.3375 JPY (High: 24.4519 / Low: 23.1144). On the other end, June was the most stable month, with a tight range of 0.4602 JPY (High: 23.5281 / Low: 23.0679).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.6928 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 24.4377) against the same month in 2017 (average: 26.8040), the exchange rate shifted by -2.3663 (-8.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.9272 | 23.9135 | 24.4377 |
| February | 24.5543 | 23.6775 | 24.1297 |
| March | 24.1700 | 23.6686 | 23.9210 |
| April | 24.5696 | 23.9607 | 24.2235 |
| May | 24.4519 | 23.1144 | 23.9973 |
| June | 23.5281 | 23.0679 | 23.3045 |
| July | 23.6024 | 22.9154 | 23.2389 |
| August | 23.5763 | 22.6677 | 23.1364 |
| September | 23.8070 | 22.5968 | 23.3993 |
| October | 23.7582 | 22.7537 | 23.2466 |
| November | 23.7294 | 22.8483 | 23.3030 |
| December | 23.4884 | 22.4598 | 22.8040 |