YEARLY HIGH
1.8109 NOK
YEARLY LOW
1.6265 NOK
YEARLY AVERAGE
1.7389 NOK

2018 GHS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.8109. Conversely, the yearly low was recorded on September 25, dropping to 1.6265.

This high-to-low spread represents a total annual volatility of 0.1844 NOK. From a start-to-finish perspective, comparing the January average rate of 1.7414 to the December average rate of 1.7559, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.8109 was down 13.55% compared to the 2017 peak of 2.0948, 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 9,055 NOK
2017 Average 9,405 NOK
Yearly Trough Low 8,132 NOK
Transaction Impact: A difference of 922.20 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7791
1.6889
JanuMarcMayJulySeptNove

GHS to NOK 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 1.7506, compared to 1.7272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0234 points.

H1 Avg (Jan–Jun) 1.7506
H2 Avg (Jul–Dec) 1.7272

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.1645 NOK (High: 1.7910 / Low: 1.6265). On the other end, March was the most stable month, with a tight range of 0.0402 NOK (High: 1.7790 / Low: 1.7388).

September Spread (Volatile) ±0.1645
March Spread (Stable) ±0.0402

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0530 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0530

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.7414) against the same month in 2017 (average: 1.9726), the exchange rate shifted by -0.2311 (-11.72%).

2018 Avg (January) 1.7414
2017 Avg (January) 1.9726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8109 1.6925 1.7414
February 1.7959 1.6930 1.7525
March 1.7790 1.7388 1.7531
April 1.7939 1.7463 1.7662
May 1.8005 1.7352 1.7716
June 1.7426 1.6995 1.7186
July 1.7184 1.6662 1.6964
August 1.7674 1.7072 1.7390
September 1.7910 1.6265 1.7247
October 1.7455 1.6580 1.7036
November 1.7813 1.7162 1.7434
December 1.8083 1.7036 1.7559