YEARLY HIGH
11.8828 PHP
YEARLY LOW
10.4532 PHP
YEARLY AVERAGE
11.2570 PHP

2018 GHS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 11.8828. Conversely, the yearly low was recorded on December 2, dropping to 10.4532.

This high-to-low spread represents a total annual volatility of 1.4295 PHP. From a start-to-finish perspective, comparing the January average rate of 11.1259 to the December average rate of 10.7354, the exchange rate registered a net change of -3.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.8828 was down 1.30% compared to the 2017 peak of 12.0391, 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 59,414 PHP
2017 Average 57,293 PHP
Yearly Trough Low 52,266 PHP
Transaction Impact: A difference of 7,147.67 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.8626
10.6329
JanuMarcMayJulySeptNove

GHS to PHP 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 11.4783, compared to 11.0357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4426 points.

H1 Avg (Jan–Jun) 11.4783
H2 Avg (Jul–Dec) 11.0357

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.5853 PHP (High: 11.4357 / Low: 10.8504). On the other end, July was the most stable month, with a tight range of 0.1763 PHP (High: 11.2188 / Low: 11.0425).

September Spread (Volatile) ±0.5853
July Spread (Stable) ±0.1763

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 April and May, when the average rate fell by 0.2795 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 11.7601) against the same month in 2017 (average: 11.0937), the exchange rate shifted by +0.6664 (+6.01%).

2018 Avg (March) 11.7601
2017 Avg (March) 11.0937

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4093 10.9339 11.1259
February 11.7036 11.4226 11.6021
March 11.8828 11.6455 11.7601
April 11.8432 11.5067 11.7124
May 11.5804 11.1796 11.4328
June 11.3688 11.1254 11.2365
July 11.2188 11.0425 11.1329
August 11.3031 10.9323 11.1014
September 11.4357 10.8504 11.2692
October 11.3271 10.9428 11.1214
November 11.1118 10.5518 10.8540
December 10.9605 10.4532 10.7354