2018 GHS to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 80.0947. Conversely, the yearly low was recorded on May 31, dropping to 70.0154.
This high-to-low spread represents a total annual volatility of 10.0794 KZT. From a start-to-finish perspective, comparing the January average rate of 71.9904 to the December average rate of 75.6628, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 80.0947 was up 1.88% compared to the 2017 peak of 78.6140, 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 KZT 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 72.1250, compared to 75.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0045 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 8.6626 KZT (High: 80.0947 / Low: 71.4321). On the other end, March was the most stable month, with a tight range of 1.2067 KZT (High: 72.9041 / Low: 71.6974).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.2388 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 76.6622) against the same month in 2017 (average: 76.7467), the exchange rate shifted by -0.0845 (-0.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.4976 | 70.3414 | 71.9904 |
| February | 73.6632 | 71.1804 | 71.9985 |
| March | 72.9041 | 71.6974 | 72.4142 |
| April | 74.3908 | 71.8513 | 73.1623 |
| May | 73.4051 | 70.0154 | 71.9235 |
| June | 72.3136 | 70.3163 | 71.2609 |
| July | 72.8998 | 71.1930 | 71.8406 |
| August | 76.8366 | 72.5723 | 74.5329 |
| September | 80.0947 | 71.4321 | 76.6622 |
| October | 77.6997 | 73.5543 | 75.8389 |
| November | 78.0700 | 74.7304 | 76.2391 |
| December | 79.1757 | 74.2771 | 75.6628 |