YEARLY HIGH
0.8701 RON
YEARLY LOW
0.7923 RON
YEARLY AVERAGE
0.8424 RON

2018 GHS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.8701. Conversely, the yearly low was recorded on September 25, dropping to 0.7923.

This high-to-low spread represents a total annual volatility of 0.0778 RON. From a start-to-finish perspective, comparing the January average rate of 0.8397 to the December average rate of 0.8310, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8701 was down 15.24% compared to the 2017 peak of 1.0266, 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 4,351 RON
2017 Average 4,607 RON
Yearly Trough Low 3,962 RON
Transaction Impact: A difference of 389.00 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8621
0.8268
JanuMarcMayJulySeptNove

GHS to RON 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 0.8492, compared to 0.8356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 0.8492
H2 Avg (Jul–Dec) 0.8356

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0584 RON (High: 0.8507 / Low: 0.7923). On the other end, March was the most stable month, with a tight range of 0.0190 RON (High: 0.8620 / Low: 0.8430).

September Spread (Volatile) ±0.0584
March Spread (Stable) ±0.0190

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 June and July, when the average rate fell by 0.0156 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.8591) against the same month in 2017 (average: 0.9626), the exchange rate shifted by -0.1034 (-10.75%).

2018 Avg (May) 0.8591
2017 Avg (May) 0.9626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8588 0.8271 0.8397
February 0.8574 0.8235 0.8433
March 0.8620 0.8430 0.8530
April 0.8642 0.8444 0.8547
May 0.8701 0.8470 0.8591
June 0.8545 0.8332 0.8453
July 0.8381 0.8188 0.8297
August 0.8556 0.8262 0.8388
September 0.8507 0.7923 0.8326
October 0.8537 0.8190 0.8379
November 0.8660 0.8253 0.8434
December 0.8521 0.8170 0.8310