YEARLY HIGH
0.8257 QAR
YEARLY LOW
0.7277 QAR
YEARLY AVERAGE
0.7787 QAR

2018 GHS to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.8257. Conversely, the yearly low was recorded on December 2, dropping to 0.7277.

This high-to-low spread represents a total annual volatility of 0.0981 QAR. From a start-to-finish perspective, comparing the January average rate of 0.8016 to the December average rate of 0.7415, the exchange rate registered a net change of -7.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8257 was down 6.11% compared to the 2017 peak of 0.8795, 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 4,129 QAR
2017 Average 4,181 QAR
Yearly Trough Low 3,638 QAR
Transaction Impact: A difference of 490.39 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8298
0.7335
JanuMarcMayJulySeptNove

GHS to QAR 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 0.8041, compared to 0.7533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0508 points.

H1 Avg (Jan–Jun) 0.8041
H2 Avg (Jul–Dec) 0.7533

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0433 QAR (High: 0.7715 / Low: 0.7282). On the other end, March was the most stable month, with a tight range of 0.0091 QAR (High: 0.8257 / Low: 0.8166).

September Spread (Volatile) ±0.0433
March Spread (Stable) ±0.0091

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 0.0260 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.8218) against the same month in 2017 (average: 0.8043), the exchange rate shifted by +0.0175 (+2.17%).

2018 Avg (March) 0.8218
2017 Avg (March) 0.8043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8086 0.7956 0.8016
February 0.8200 0.8067 0.8143
March 0.8257 0.8166 0.8218
April 0.8247 0.8113 0.8197
May 0.8116 0.7737 0.7966
June 0.7775 0.7601 0.7707
July 0.7653 0.7546 0.7596
August 0.7692 0.7469 0.7587
September 0.7715 0.7282 0.7605
October 0.7606 0.7341 0.7508
November 0.7600 0.7329 0.7487
December 0.7565 0.7277 0.7415