2018 GHS to TOP Historical Review

YEARLY HIGH

0.5075 TOP

YEARLY LOW

0.4524 TOP

YEARLY AVERAGE

0.4857 TOP

2018 GHS to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.5075. Conversely, the yearly low was recorded on December 15, dropping to 0.4524.

This high-to-low spread represents a total annual volatility of 0.0550 TOP. From a start-to-finish perspective, comparing the January average rate of 0.4948 to the December average rate of 0.4631, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5075 was down 9.53% compared to the 2017 peak of 0.5609, 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 2,537 TOP

2017 Average 2,577 TOP

Yearly Trough Low 2,262 TOP

Transaction Impact: A difference of 275.04 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5056

0.4592

JanuMarcMayJulySeptNove

GHS to TOP 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 0.4953, compared to 0.4762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.4953

H2 Avg (Jul–Dec) 0.4762

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0275 TOP (High: 0.4896 / Low: 0.4621). On the other end, July was the most stable month, with a tight range of 0.0075 TOP (High: 0.4860 / Low: 0.4785).

September Spread (Volatile) ±0.0275

July Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0119 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.5018) against the same month in 2017 (average: 0.5052), the exchange rate shifted by -0.0034 (-0.68%).

2018 Avg (March) 0.5018

2017 Avg (March) 0.5052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5001	0.4875	0.4948
February	0.5004	0.4894	0.4952
March	0.5075	0.4972	0.5018
April	0.5061	0.4945	0.5006
May	0.5064	0.4865	0.4955
June	0.4874	0.4792	0.4837
July	0.4860	0.4785	0.4829
August	0.4897	0.4740	0.4816
September	0.4896	0.4621	0.4826
October	0.4816	0.4637	0.4754
November	0.4789	0.4610	0.4719
December	0.4753	0.4524	0.4631