YEARLY HIGH
7.0525 GHS
YEARLY LOW
6.2138 GHS
YEARLY AVERAGE
6.5993 GHS

2018 JOD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 7.0525. Conversely, the yearly low was recorded on March 26, dropping to 6.2138.

This high-to-low spread represents a total annual volatility of 0.8387 GHS. From a start-to-finish perspective, comparing the January average rate of 6.3994 to the December average rate of 6.9298, the exchange rate registered a net change of 8.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 7.0525 was up 4.69% compared to the 2017 peak of 6.7366, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 35,262 GHS
2017 Average 31,017 GHS
Yearly Trough Low 31,069 GHS
Transaction Impact: A difference of 4,193.35 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.9980
6.1800
JanuMarcMayJulySeptNove

JOD to GHS 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 6.3851, compared to 6.8135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4284 points.

H1 Avg (Jan–Jun) 6.3851
H2 Avg (Jul–Dec) 6.8135

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.3956 GHS (High: 7.0472 / Low: 6.6516). On the other end, March was the most stable month, with a tight range of 0.0767 GHS (High: 6.2905 / Low: 6.2138).

September Spread (Volatile) ±0.3956
March Spread (Stable) ±0.0767

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0966 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0966

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 6.9298) against the same month in 2017 (average: 6.3603), the exchange rate shifted by +0.5695 (+8.95%).

2018 Avg (December) 6.9298
2017 Avg (December) 6.3603

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.4547 6.3465 6.3994
February 6.3619 6.2561 6.3027
March 6.2905 6.2138 6.2481
April 6.3246 6.2227 6.2612
May 6.6330 6.3233 6.4431
June 6.7512 6.6006 6.6563
July 6.8006 6.7055 6.7558
August 6.8698 6.6499 6.7616
September 7.0472 6.6516 6.7471
October 6.9908 6.7473 6.8340
November 7.0009 6.7430 6.8528
December 7.0525 6.7832 6.9298