YEARLY HIGH
1.4296 TRY
YEARLY LOW
0.8204 TRY
YEARLY AVERAGE
1.0295 TRY

2018 GHS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 1.4296. Conversely, the yearly low was recorded on January 7, dropping to 0.8204.

This high-to-low spread represents a total annual volatility of 0.6092 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8305 to the December average rate of 1.0799, the exchange rate registered a net change of 30.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4296 was up 55.86% compared to the 2017 peak of 0.9172, 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 7,148 TRY
2017 Average 4,146 TRY
Yearly Trough Low 4,102 TRY
Transaction Impact: A difference of 3,046.01 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3679
0.7817
JanuMarcMayJulySeptNove

GHS to TRY 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 0.9032, compared to 1.1557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2526 points.

H1 Avg (Jan–Jun) 0.9032
H2 Avg (Jul–Dec) 1.1557

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.3817 TRY (High: 1.4296 / Low: 1.0480). On the other end, January was the most stable month, with a tight range of 0.0222 TRY (High: 0.8426 / Low: 0.8204).

August Spread (Volatile) ±0.3817
January Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1198 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.2380) against the same month in 2017 (average: 0.7939), the exchange rate shifted by +0.4441 (+55.95%).

2018 Avg (August) 1.2380
2017 Avg (August) 0.7939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8426 0.8204 0.8305
February 0.8612 0.8273 0.8466
March 0.9083 0.8535 0.8787
April 0.9337 0.8954 0.9145
May 1.0231 0.9144 0.9687
June 1.0084 0.9445 0.9800
July 1.0286 0.9486 0.9955
August 1.4296 1.0480 1.2380
September 1.4016 1.2364 1.3190
October 1.2812 1.1359 1.1993
November 1.1449 1.0430 1.1028
December 1.1197 1.0387 1.0799