2018 GHS to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to XOF 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 XOF. 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 17.18% compared to the 2017 peak of 148.1926, 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 XOF 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 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.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 8.6905 XOF (High: 120.2164 / Low: 111.5259). On the other end, July was the most stable month, with a tight range of 2.0908 XOF (High: 117.8781 / Low: 115.7873).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 121.3990) against the same month in 2017 (average: 138.8183), the exchange rate shifted by -17.4193 (-12.55%).
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 |