2018 GHS to TND Historical Review

YEARLY HIGH

0.6117 TND

YEARLY LOW

0.5260 TND

YEARLY AVERAGE

0.5621 TND

2018 GHS to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.6117. Conversely, the yearly low was recorded on January 28, dropping to 0.5260.

This high-to-low spread represents a total annual volatility of 0.0857 TND. From a start-to-finish perspective, comparing the January average rate of 0.5385 to the December average rate of 0.5982, the exchange rate registered a net change of 11.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6117 was up 1.32% compared to the 2017 peak of 0.6037, 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 3,058 TND

2017 Average 2,740 TND

Yearly Trough Low 2,630 TND

Transaction Impact: A difference of 428.30 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6044

0.5294

JanuMarcMayJulySeptNove

GHS to TND 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 0.5437, compared to 0.5806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0369 points.

H1 Avg (Jan–Jun) 0.5437

H2 Avg (Jul–Dec) 0.5806

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0330 TND (High: 0.5891 / Low: 0.5561). On the other end, June was the most stable month, with a tight range of 0.0167 TND (High: 0.5566 / Low: 0.5399).

September Spread (Volatile) ±0.0330

June Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0036 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.5982) against the same month in 2017 (average: 0.5516), the exchange rate shifted by +0.0466 (+8.44%).

2018 Avg (December) 0.5982

2017 Avg (December) 0.5516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5518	0.5260	0.5385
February	0.5466	0.5276	0.5357
March	0.5518	0.5346	0.5423
April	0.5595	0.5369	0.5465
May	0.5621	0.5430	0.5514
June	0.5566	0.5399	0.5478
July	0.5661	0.5416	0.5500
August	0.5819	0.5646	0.5720
September	0.5891	0.5561	0.5804
October	0.5971	0.5682	0.5856
November	0.6102	0.5882	0.5971
December	0.6117	0.5840	0.5982