2018 GHS to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 4580.7941. Conversely, the yearly low was recorded on December 2, dropping to 4206.9647.
This high-to-low spread represents a total annual volatility of 373.8294 STD. From a start-to-finish perspective, comparing the January average rate of 4447.1577 to the December average rate of 4280.5713, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 4580.7941 was down 17.27% compared to the 2017 peak of 5536.7850, 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 STD 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 4473.5634, compared to 4354.1536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 119.4097 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 250.4144 STD (High: 4460.5343 / Low: 4210.1199). On the other end, April was the most stable month, with a tight range of 44.8083 STD (High: 4511.6896 / Low: 4466.8812).
Growth Streaks & Declines
TrendsBetween July and September, 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 85.5561 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 4531.7262) against the same month in 2017 (average: 5187.1740), the exchange rate shifted by -655.4478 (-12.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4513.2368 | 4352.3316 | 4447.1577 |
| February | 4510.2534 | 4361.8645 | 4439.6747 |
| March | 4514.5800 | 4439.8312 | 4488.4717 |
| April | 4511.6896 | 4466.8812 | 4488.1797 |
| May | 4580.7941 | 4473.2323 | 4531.7262 |
| June | 4494.9069 | 4391.3848 | 4446.1702 |
| July | 4410.4574 | 4350.1615 | 4378.9300 |
| August | 4461.6783 | 4318.0717 | 4387.4586 |
| September | 4460.5343 | 4210.1199 | 4396.4581 |
| October | 4414.6370 | 4259.5854 | 4351.5073 |
| November | 4400.0176 | 4237.3235 | 4329.9966 |
| December | 4373.9688 | 4206.9647 | 4280.5713 |