2018 GHS to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 169.4624. Conversely, the yearly low was recorded on September 25, dropping to 145.4416.
This high-to-low spread represents a total annual volatility of 24.0208 MWK. From a start-to-finish perspective, comparing the January average rate of 159.7121 to the December average rate of 152.1718, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 169.4624 was down 3.17% compared to the 2017 peak of 175.0112, 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 MWK 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 160.9537, compared to 151.0771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.8766 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 17.7954 MWK (High: 169.4624 / Low: 151.6670). On the other end, March was the most stable month, with a tight range of 1.8080 MWK (High: 164.4815 / Low: 162.6735).
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 June and July, when the average rate fell by 7.3919 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 158.9075) against the same month in 2017 (average: 165.9988), the exchange rate shifted by -7.0913 (-4.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 161.4025 | 158.2740 | 159.7121 |
| February | 163.3221 | 160.6706 | 162.2450 |
| March | 164.4815 | 162.6735 | 163.6501 |
| April | 164.7160 | 161.6146 | 163.3654 |
| May | 166.9175 | 153.0365 | 157.8420 |
| June | 169.4624 | 151.6670 | 158.9075 |
| July | 152.6682 | 150.5666 | 151.5156 |
| August | 154.1433 | 149.1408 | 151.4595 |
| September | 154.1049 | 145.4416 | 151.8612 |
| October | 151.8801 | 146.6327 | 149.9338 |
| November | 151.7825 | 146.3919 | 149.5205 |
| December | 159.9033 | 146.3919 | 152.1718 |