2018 GHS to SBD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to SBD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 1.7646. Conversely, the yearly low was recorded on September 25, dropping to 1.5778.
This high-to-low spread represents a total annual volatility of 0.1868 SBD. From a start-to-finish perspective, comparing the January average rate of 1.7109 to the December average rate of 1.6438, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 1.7646 was down 6.96% compared to the 2017 peak of 1.8966, 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 SBD 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 1.7231, compared to 1.6454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0777 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.1040 SBD (High: 1.6962 / Low: 1.5922). On the other end, March was the most stable month, with a tight range of 0.0238 SBD (High: 1.7646 / Low: 1.7408).
Growth Streaks & Declines
TrendsBetween 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 0.0391 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 1.7532) against the same month in 2017 (average: 1.7165), the exchange rate shifted by +0.0366 (+2.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.7283 | 1.6959 | 1.7109 |
| February | 1.7472 | 1.7148 | 1.7344 |
| March | 1.7646 | 1.7408 | 1.7532 |
| April | 1.7620 | 1.7345 | 1.7523 |
| May | 1.7347 | 1.6805 | 1.7132 |
| June | 1.6898 | 1.6571 | 1.6747 |
| July | 1.6722 | 1.6344 | 1.6505 |
| August | 1.6721 | 1.6183 | 1.6444 |
| September | 1.6717 | 1.5778 | 1.6477 |
| October | 1.6659 | 1.5985 | 1.6409 |
| November | 1.6733 | 1.6077 | 1.6452 |
| December | 1.6962 | 1.5922 | 1.6438 |