2018 GHS to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 342.8841. Conversely, the yearly low was recorded on June 8, dropping to 286.2342.
This high-to-low spread represents a total annual volatility of 56.6499 MMK. From a start-to-finish perspective, comparing the January average rate of 296.2402 to the December average rate of 318.5067, the exchange rate registered a net change of 7.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 342.8841 was up 5.00% compared to the 2017 peak of 326.5415, 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 MMK 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 297.0193, compared to 318.3068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.2875 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 26.7904 MMK (High: 342.8841 / Low: 316.0937). On the other end, March was the most stable month, with a tight range of 3.8704 MMK (High: 303.5714 / Low: 299.7011).
Growth Streaks & Declines
TrendsBetween June and September, 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 November and December, when the average rate fell by 10.1895 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 327.5103) against the same month in 2017 (average: 307.3007), the exchange rate shifted by +20.2096 (+6.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 299.3781 | 293.4646 | 296.2402 |
| February | 300.6502 | 294.8953 | 298.1092 |
| March | 303.5714 | 299.7011 | 301.7473 |
| April | 302.6863 | 296.8477 | 300.0415 |
| May | 300.5200 | 287.6730 | 295.4687 |
| June | 299.9047 | 286.2342 | 290.5089 |
| July | 305.6582 | 292.4664 | 298.1777 |
| August | 326.2147 | 304.1748 | 312.4824 |
| September | 342.8841 | 316.0937 | 327.5103 |
| October | 333.1174 | 307.4745 | 324.4673 |
| November | 334.3450 | 319.6323 | 328.6962 |
| December | 324.5062 | 312.2450 | 318.5067 |