YEARLY HIGH
122.7257 XAF
YEARLY LOW
111.5259 XAF
YEARLY AVERAGE
118.7203 XAF

2018 GHS to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 122.7257. Conversely, the yearly low was recorded on September 25, dropping to 111.5259.

This high-to-low spread represents a total annual volatility of 11.1999 XAF. From a start-to-finish perspective, comparing the January average rate of 118.4198 to the December average rate of 117.2404, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 122.7257 was down 17.37% compared to the 2017 peak of 148.5294, 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 613,629 XAF
2017 Average 661,973 XAF
Yearly Trough Low 557,629 XAF
Transaction Impact: A difference of 55,999.26 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

121.8368
116.5827
JanuMarcMayJulySeptNove

GHS to XAF 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 119.6414, compared to 117.7992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8422 points.

H1 Avg (Jan–Jun) 119.6414
H2 Avg (Jul–Dec) 117.7992

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 8.6905 XAF (High: 120.2164 / Low: 111.5259). On the other end, July was the most stable month, with a tight range of 2.0908 XAF (High: 117.8781 / Low: 115.7873).

September Spread (Volatile) ±8.6905
July Spread (Stable) ±2.0908

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.5031 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.5031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 121.3990) against the same month in 2017 (average: 138.7444), the exchange rate shifted by -17.3454 (-12.50%).

2018 Avg (May) 121.3990
2017 Avg (May) 138.7444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 120.6836 116.2285 118.4198
February 120.6473 116.1587 118.8250
March 121.1422 118.5885 120.0135
April 121.6413 119.2367 120.2956
May 122.7257 119.2131 121.3990
June 120.3184 117.0178 118.8959
July 117.8781 115.7873 117.0206
August 120.5095 116.7291 118.4741
September 120.2164 111.5259 117.5930
October 120.0065 114.9581 117.7621
November 121.9699 116.1714 118.7053
December 120.1633 115.3100 117.2404