2018 GHS to ZAR Historical Review

YEARLY HIGH

3.2546 ZAR

YEARLY LOW

2.5846 ZAR

YEARLY AVERAGE

2.8239 ZAR

2018 GHS to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 3.2546. Conversely, the yearly low was recorded on February 24, dropping to 2.5846.

This high-to-low spread represents a total annual volatility of 0.6701 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.6846 to the December average rate of 2.9061, the exchange rate registered a net change of 8.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.2546 was down 1.04% compared to the 2017 peak of 3.2889, 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 16,273 ZAR

2017 Average 15,134 ZAR

Yearly Trough Low 12,923 ZAR

Transaction Impact: A difference of 3,350.40 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.1221

2.6002

JanuMarcMayJulySeptNove

GHS to ZAR 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 2.7137, compared to 2.9341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2203 points.

H1 Avg (Jan–Jun) 2.7137

H2 Avg (Jul–Dec) 2.9341

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.3855 ZAR (High: 3.2546 / Low: 2.8691). On the other end, March was the most stable month, with a tight range of 0.0839 ZAR (High: 2.7219 / Low: 2.6380).

September Spread (Volatile) ±0.3855

March Spread (Stable) ±0.0839

Growth Streaks & Declines

Trends

Between February and June, 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 October and November, when the average rate fell by 0.1012 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 3.0786) against the same month in 2017 (average: 2.9712), the exchange rate shifted by +0.1074 (+3.61%).

2018 Avg (September) 3.0786

2017 Avg (September) 2.9712

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7405	2.6134	2.6846
February	2.7368	2.5846	2.6437
March	2.7219	2.6380	2.6729
April	2.7959	2.6764	2.7244
May	2.8207	2.6725	2.7423
June	2.9132	2.6650	2.8145
July	2.8950	2.7263	2.7928
August	3.1064	2.7753	2.9292
September	3.2546	2.8691	3.0786
October	3.0971	2.9191	2.9995
November	3.0197	2.7578	2.8983
December	3.0050	2.7444	2.9061