YEARLY HIGH
22.1413 RSD
YEARLY LOW
20.1181 RSD
YEARLY AVERAGE
21.4022 RSD

2018 GHS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 22.1413. Conversely, the yearly low was recorded on September 25, dropping to 20.1181.

This high-to-low spread represents a total annual volatility of 2.0232 RSD. From a start-to-finish perspective, comparing the January average rate of 21.4113 to the December average rate of 21.1392, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.1413 was down 20.85% compared to the 2017 peak of 27.9725, 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 110,706 RSD
2017 Average 122,487 RSD
Yearly Trough Low 100,591 RSD
Transaction Impact: A difference of 10,115.86 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.9498
20.9775
JanuMarcMayJulySeptNove

GHS to RSD 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 21.5710, compared to 21.2335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3375 points.

H1 Avg (Jan–Jun) 21.5710
H2 Avg (Jul–Dec) 21.2335

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 1.5832 RSD (High: 21.7013 / Low: 20.1181). On the other end, July was the most stable month, with a tight range of 0.3551 RSD (High: 21.2005 / Low: 20.8454).

September Spread (Volatile) ±1.5832
July Spread (Stable) ±0.3551

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 0.4627 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 21.8688) against the same month in 2017 (average: 25.9875), the exchange rate shifted by -4.1186 (-15.85%).

2018 Avg (May) 21.8688
2017 Avg (May) 25.9875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.8367 21.0320 21.4113
February 21.8247 21.0104 21.4322
March 21.8778 21.3293 21.6306
April 21.9037 21.4625 21.6770
May 22.1413 21.4593 21.8688
June 21.6551 21.0825 21.4061
July 21.2005 20.8454 21.0586
August 21.6745 21.0840 21.3300
September 21.7013 20.1181 21.2056
October 21.6252 20.7676 21.2638
November 21.7827 20.9331 21.4037
December 21.6553 20.8075 21.1392