YEARLY HIGH
1.2621 GHS
YEARLY LOW
1.1493 GHS
YEARLY AVERAGE
1.1874 GHS

2018 RON to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the RON to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1.2621. Conversely, the yearly low was recorded on May 6, dropping to 1.1493.

This high-to-low spread represents a total annual volatility of 0.1128 GHS. From a start-to-finish perspective, comparing the January average rate of 1.1910 to the December average rate of 1.2035, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2621 was up 5.86% compared to the 2017 peak of 1.1923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,311 GHS
2017 Average 5,441 GHS
Yearly Trough Low 5,746 GHS
Transaction Impact: A difference of 564.24 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2094
1.1599
JanuMarcMayJulySeptNove

RON 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 1.1778, compared to 1.1970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 1.1778
H2 Avg (Jul–Dec) 1.1970

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0866 GHS (High: 1.2621 / Low: 1.1755). On the other end, March was the most stable month, with a tight range of 0.0261 GHS (High: 1.1863 / Low: 1.1601).

September Spread (Volatile) ±0.0866
March Spread (Stable) ±0.0261

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0135 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.2013) against the same month in 2017 (average: 1.1477), the exchange rate shifted by +0.0537 (+4.68%).

2018 Avg (September) 1.2013
2017 Avg (September) 1.1477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2090 1.1643 1.1910
February 1.2143 1.1664 1.1860
March 1.1863 1.1601 1.1724
April 1.1843 1.1571 1.1701
May 1.1806 1.1493 1.1640
June 1.2002 1.1703 1.1830
July 1.2213 1.1932 1.2053
August 1.2104 1.1688 1.1922
September 1.2621 1.1755 1.2013
October 1.2209 1.1714 1.1936
November 1.2117 1.1548 1.1858
December 1.2240 1.1736 1.2035