YEARLY HIGH
0.8973 MYR
YEARLY LOW
0.8274 MYR
YEARLY AVERAGE
0.8622 MYR

2018 GHS to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8973. Conversely, the yearly low was recorded on September 25, dropping to 0.8274.

This high-to-low spread represents a total annual volatility of 0.0699 MYR. From a start-to-finish perspective, comparing the January average rate of 0.8710 to the December average rate of 0.8484, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8973 was down 15.56% compared to the 2017 peak of 1.0626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 4,486 MYR
2017 Average 4,891 MYR
Yearly Trough Low 4,137 MYR
Transaction Impact: A difference of 349.40 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8847
0.8409
JanuMarcMayJulySeptNove

GHS to MYR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.8696, compared to 0.8548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.8696
H2 Avg (Jul–Dec) 0.8548

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0524 MYR (High: 0.8798 / Low: 0.8274). On the other end, April was the most stable month, with a tight range of 0.0110 MYR (High: 0.8799 / Low: 0.8689).

September Spread (Volatile) ±0.0524
April Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0225 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.8710) against the same month in 2017 (average: 1.0391), the exchange rate shifted by -0.1680 (-16.17%).

2018 Avg (January) 0.8710
2017 Avg (January) 1.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8973 0.8534 0.8710
February 0.8912 0.8642 0.8751
March 0.8883 0.8728 0.8811
April 0.8799 0.8689 0.8751
May 0.8928 0.8456 0.8688
June 0.8545 0.8410 0.8463
July 0.8530 0.8382 0.8446
August 0.8696 0.8415 0.8532
September 0.8798 0.8274 0.8644
October 0.8685 0.8348 0.8579
November 0.8753 0.8414 0.8604
December 0.8631 0.8345 0.8484