2018 MAD to GHS Historical Review

YEARLY HIGH

0.5345 GHS

YEARLY LOW

0.4791 GHS

YEARLY AVERAGE

0.4987 GHS

2018 MAD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.5345. Conversely, the yearly low was recorded on April 2, dropping to 0.4791.

This high-to-low spread represents a total annual volatility of 0.0554 GHS. From a start-to-finish perspective, comparing the January average rate of 0.4908 to the December average rate of 0.5156, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5345 was up 8.10% compared to the 2017 peak of 0.4944, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,672 GHS

2017 Average 2,269 GHS

Yearly Trough Low 2,396 GHS

Transaction Impact: A difference of 276.93 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5190

0.4789

JanuMarcMayJulySeptNove

MAD 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 0.4875, compared to 0.5100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.4875

H2 Avg (Jul–Dec) 0.5100

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0354 GHS (High: 0.5345 / Low: 0.4991). On the other end, April was the most stable month, with a tight range of 0.0060 GHS (High: 0.4851 / Low: 0.4791).

September Spread (Volatile) ±0.0354

April Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.5091) against the same month in 2017 (average: 0.4729), the exchange rate shifted by +0.0362 (+7.66%).

2018 Avg (September) 0.5091

2017 Avg (September) 0.4729

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4967	0.4848	0.4908
February	0.4951	0.4798	0.4865
March	0.4865	0.4798	0.4825
April	0.4851	0.4791	0.4822
May	0.4961	0.4799	0.4852
June	0.5051	0.4933	0.4976
July	0.5108	0.5033	0.5068
August	0.5117	0.4997	0.5060
September	0.5345	0.4991	0.5091
October	0.5230	0.5037	0.5113
November	0.5225	0.4995	0.5112
December	0.5264	0.5060	0.5156