2018 GHS to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 52663.6221. Conversely, the yearly low was recorded on January 21, dropping to 2.1884.
This high-to-low spread represents a total annual volatility of 52661.4337 VEF. From a start-to-finish perspective, comparing the January average rate of 2.2252 to the December average rate of 50529.1576, the exchange rate registered a net change of 2270664.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 52663.6221 was up 2110902.82% compared to the 2017 peak of 2.4947, 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 VEF 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 9316.9003, compared to 43619.8178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34302.9174 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 30271.8594 VEF (High: 52663.6221 / Low: 22391.7627). On the other end, January was the most stable month, with a tight range of 0.1201 VEF (High: 2.3085 / Low: 2.1884).
Growth Streaks & Declines
TrendsBetween 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 647.2797 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 37942.7264) against the same month in 2017 (average: 2.2973), the exchange rate shifted by +37940.4291 (+1651487.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.3085 | 2.1884 | 2.2252 |
| February | 6489.6359 | 2.2143 | 3655.2582 |
| March | 9125.0593 | 6485.4260 | 8212.6287 |
| April | 15021.3594 | 9038.7384 | 11258.0409 |
| May | 17236.2460 | 15079.3736 | 15860.2010 |
| June | 17061.2317 | 16680.5846 | 16913.0479 |
| July | 22381.8319 | 16576.7635 | 18992.9447 |
| August | 52663.6221 | 22391.7627 | 37942.7264 |
| September | 52650.1195 | 49694.3418 | 51893.7926 |
| October | 51903.3917 | 50095.1026 | 51246.5130 |
| November | 51955.8828 | 50018.6482 | 51113.7723 |
| December | 51631.6501 | 49660.2832 | 50529.1576 |