2018 GHS to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 24.6972. Conversely, the yearly low was recorded on January 13, dropping to 22.2141.
This high-to-low spread represents a total annual volatility of 2.4830 NPR. From a start-to-finish perspective, comparing the January average rate of 22.4194 to the December average rate of 22.9846, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.6972 was down 4.26% compared to the 2017 peak of 25.7958, 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 NPR 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 23.1925, compared to 23.5195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3270 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 1.9118 NPR (High: 24.3499 / Low: 22.4382). On the other end, July was the most stable month, with a tight range of 0.3118 NPR (High: 23.0934 / Low: 22.7816).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.6726 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 24.2889) against the same month in 2017 (average: 23.6754), the exchange rate shifted by +0.6134 (+2.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.6133 | 22.2141 | 22.4194 |
| February | 23.3708 | 22.6085 | 23.0362 |
| March | 23.6141 | 23.2946 | 23.4789 |
| April | 24.0292 | 23.3500 | 23.6504 |
| May | 23.9825 | 22.9390 | 23.6215 |
| June | 23.2445 | 22.7131 | 22.9489 |
| July | 23.0934 | 22.7816 | 22.9215 |
| August | 23.9288 | 22.8408 | 23.1962 |
| September | 24.4124 | 23.2446 | 24.0784 |
| October | 24.6972 | 23.6401 | 24.2889 |
| November | 24.3499 | 22.4382 | 23.6478 |
| December | 23.4996 | 22.3680 | 22.9846 |