2018 GHS to SZL Historical Review

YEARLY HIGH

3.2728 SZL

YEARLY LOW

2.5915 SZL

YEARLY AVERAGE

2.8227 SZL

2018 GHS to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 3.2728. Conversely, the yearly low was recorded on February 26, dropping to 2.5915.

This high-to-low spread represents a total annual volatility of 0.6813 SZL. From a start-to-finish perspective, comparing the January average rate of 2.6865 to the December average rate of 2.8953, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.2728 was down 0.61% compared to the 2017 peak of 3.2928, 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 16,364 SZL

2017 Average 15,139 SZL

Yearly Trough Low 12,957 SZL

Transaction Impact: A difference of 3,406.72 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.1236

2.6061

JanuMarcMayJulySeptNove

GHS to SZL 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 2.7136, compared to 2.9317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2180 points.

H1 Avg (Jan–Jun) 2.7136

H2 Avg (Jul–Dec) 2.9317

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.3993 SZL (High: 3.2728 / Low: 2.8735). On the other end, March was the most stable month, with a tight range of 0.0853 SZL (High: 2.7239 / Low: 2.6386).

September Spread (Volatile) ±0.3993

March Spread (Stable) ±0.0853

Growth Streaks & Declines

Trends

Between February and June, 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 October and November, when the average rate fell by 0.0958 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 3.0805) against the same month in 2017 (average: 2.9678), the exchange rate shifted by +0.1127 (+3.80%).

2018 Avg (September) 3.0805

2017 Avg (September) 2.9678

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7412	2.6063	2.6865
February	2.7373	2.5915	2.6492
March	2.7239	2.6386	2.6737
April	2.7958	2.6716	2.7219
May	2.8138	2.6703	2.7441
June	2.9183	2.6669	2.8064
July	2.8962	2.7401	2.7977
August	3.0862	2.7651	2.9221
September	3.2728	2.8735	3.0805
October	3.1034	2.8881	2.9951
November	3.0138	2.7645	2.8993
December	2.9965	2.7300	2.8953