YEARLY HIGH
1.2189 GHS
YEARLY LOW
0.6995 GHS
YEARLY AVERAGE
0.9933 GHS

2018 TRY to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.2189. Conversely, the yearly low was recorded on August 13, dropping to 0.6995.

This high-to-low spread represents a total annual volatility of 0.5194 GHS. From a start-to-finish perspective, comparing the January average rate of 1.2041 to the December average rate of 0.9262, the exchange rate registered a net change of -23.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2189 was down 6.32% compared to the 2017 peak of 1.3011, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 60,943 GHS
2017 Average 60,392 GHS
Yearly Trough Low 34,974 GHS
Transaction Impact: A difference of 25,969.49 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2486
0.7147
JanuMarcMayJulySeptNove

TRY 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 1.1119, compared to 0.8746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2373 points.

H1 Avg (Jan–Jun) 1.1119
H2 Avg (Jul–Dec) 0.8746

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2548 GHS (High: 0.9542 / Low: 0.6995). On the other end, January was the most stable month, with a tight range of 0.0321 GHS (High: 1.2189 / Low: 1.1868).

August Spread (Volatile) ±0.2548
January Spread (Stable) ±0.0321

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.1900 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1900

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.2041) against the same month in 2017 (average: 1.1475), the exchange rate shifted by +0.0566 (+4.93%).

2018 Avg (January) 1.2041
2017 Avg (January) 1.1475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2189 1.1868 1.2041
February 1.2087 1.1611 1.1813
March 1.1716 1.1010 1.1386
April 1.1168 1.0710 1.0936
May 1.0936 0.9774 1.0332
June 1.0587 0.9916 1.0207
July 1.0542 0.9722 1.0051
August 0.9542 0.6995 0.8150
September 0.8088 0.7135 0.7592
October 0.8804 0.7805 0.8349
November 0.9588 0.8734 0.9073
December 0.9627 0.8931 0.9262