YEARLY HIGH
14.0592 MZN
YEARLY LOW
11.8973 MZN
YEARLY AVERAGE
12.8872 MZN

2018 GHS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 14.0592. Conversely, the yearly low was recorded on August 13, dropping to 11.8973.

This high-to-low spread represents a total annual volatility of 2.1619 MZN. From a start-to-finish perspective, comparing the January average rate of 13.0105 to the December average rate of 12.4049, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 14.0592 was down 16.42% compared to the 2017 peak of 16.8203, 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 70,296 MZN
2017 Average 73,119 MZN
Yearly Trough Low 59,487 MZN
Transaction Impact: A difference of 10,809.62 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.1364
12.0670
JanuMarcMayJulySeptNove

GHS to MZN 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 13.3406, compared to 12.4338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9068 points.

H1 Avg (Jan–Jun) 13.3406
H2 Avg (Jul–Dec) 12.4338

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.7669 MZN (High: 12.6642 / Low: 11.8973). On the other end, March was the most stable month, with a tight range of 0.2517 MZN (High: 14.0592 / Low: 13.8075).

August Spread (Volatile) ±0.7669
March Spread (Stable) ±0.2517

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 0.5570 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 13.9640) against the same month in 2017 (average: 15.2798), the exchange rate shifted by -1.3158 (-8.61%).

2018 Avg (March) 13.9640
2017 Avg (March) 15.2798

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.3632 12.8354 13.0105
February 13.7387 13.4714 13.6265
March 14.0592 13.8075 13.9640
April 13.8450 13.3092 13.6608
May 13.3678 12.7022 13.1695
June 12.8039 12.4574 12.6125
July 12.5718 12.0735 12.3093
August 12.6642 11.8973 12.2395
September 12.8186 12.1500 12.6311
October 12.6692 12.2278 12.4985
November 12.7173 12.3292 12.5196
December 12.6433 12.1336 12.4049