2018 GHS to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 80.7256. Conversely, the yearly low was recorded on October 7, dropping to 43.1557.
This high-to-low spread represents a total annual volatility of 37.5699 MRO. From a start-to-finish perspective, comparing the January average rate of 78.1542 to the December average rate of 72.5948, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 80.7256 was down 6.98% compared to the 2017 peak of 86.7802, 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 MRO 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 78.5125, compared to 73.4770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0355 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 31.3170 MRO (High: 74.4727 / Low: 43.1557). On the other end, March was the most stable month, with a tight range of 0.9357 MRO (High: 80.7256 / Low: 79.7899).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 2.9670 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 80.2626) against the same month in 2017 (average: 79.3555), the exchange rate shifted by +0.9071 (+1.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.8393 | 77.2287 | 78.1542 |
| February | 80.0676 | 78.7592 | 79.4818 |
| March | 80.7256 | 79.7899 | 80.2626 |
| April | 80.6342 | 79.2298 | 80.0287 |
| May | 79.2394 | 75.6461 | 77.8396 |
| June | 75.9107 | 74.3215 | 75.3082 |
| July | 74.8280 | 73.7817 | 74.2810 |
| August | 75.6662 | 73.3333 | 74.3300 |
| September | 75.6468 | 71.3000 | 74.5951 |
| October | 74.4727 | 43.1557 | 71.6282 |
| November | 74.6205 | 71.8613 | 73.4330 |
| December | 74.1787 | 71.3465 | 72.5948 |