YEARLY HIGH
1.5039 GHS
YEARLY LOW
1.3575 GHS
YEARLY AVERAGE
1.4243 GHS

2018 PGK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1.5039. Conversely, the yearly low was recorded on March 24, dropping to 1.3575.

This high-to-low spread represents a total annual volatility of 0.1464 GHS. From a start-to-finish perspective, comparing the January average rate of 1.4091 to the December average rate of 1.4609, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.5039 was up 0.04% compared to the 2017 peak of 1.5033, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,519 GHS
2017 Average 6,897 GHS
Yearly Trough Low 6,787 GHS
Transaction Impact: A difference of 731.90 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4702
1.3593
JanuMarcMayJulySeptNove

PGK 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 1.3977, compared to 1.4510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0533 points.

H1 Avg (Jan–Jun) 1.3977
H2 Avg (Jul–Dec) 1.4510

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0857 GHS (High: 1.5039 / Low: 1.4182). On the other end, April was the most stable month, with a tight range of 0.0189 GHS (High: 1.3775 / Low: 1.3587).

September Spread (Volatile) ±0.0857
April Spread (Stable) ±0.0189

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 0.0190 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.4411) against the same month in 2017 (average: 1.3833), the exchange rate shifted by +0.0578 (+4.18%).

2018 Avg (September) 1.4411
2017 Avg (September) 1.3833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4192 1.3965 1.4091
February 1.4014 1.3734 1.3900
March 1.3959 1.3575 1.3746
April 1.3775 1.3587 1.3685
May 1.4317 1.3772 1.4000
June 1.4586 1.4162 1.4438
July 1.4713 1.4461 1.4581
August 1.4719 1.4284 1.4499
September 1.5039 1.4182 1.4411
October 1.4823 1.4291 1.4475
November 1.4830 1.4274 1.4482
December 1.4873 1.4282 1.4609