2018 GHS to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 514.8679. Conversely, the yearly low was recorded on September 25, dropping to 457.0000.
This high-to-low spread represents a total annual volatility of 57.8679 TZS. From a start-to-finish perspective, comparing the January average rate of 494.8324 to the December average rate of 468.1972, the exchange rate registered a net change of -5.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 514.8679 was down 8.56% compared to the 2017 peak of 563.0627, 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 TZS 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 500.2161, compared to 473.4074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.8087 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 27.0125 TZS (High: 484.0125 / Low: 457.0000). On the other end, April was the most stable month, with a tight range of 5.9081 TZS (High: 514.8679 / Low: 508.9598).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 16.7504 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 511.6483) against the same month in 2017 (average: 529.7453), the exchange rate shifted by -18.0970 (-3.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 499.7415 | 490.6237 | 494.8324 |
| February | 507.8716 | 499.1852 | 503.9432 |
| March | 512.3269 | 505.4036 | 509.2328 |
| April | 514.8679 | 508.9598 | 511.6483 |
| May | 508.9596 | 484.9428 | 499.1952 |
| June | 494.8091 | 476.2630 | 482.4448 |
| July | 478.9831 | 471.8880 | 475.1032 |
| August | 484.8784 | 468.1926 | 475.8168 |
| September | 484.0125 | 457.0000 | 477.0690 |
| October | 477.4820 | 460.7460 | 471.9559 |
| November | 479.6733 | 463.0125 | 472.3022 |
| December | 477.9853 | 460.7677 | 468.1972 |