2018 ZAR to GHS Historical Review

YEARLY HIGH

0.3869 GHS

YEARLY LOW

0.3073 GHS

YEARLY AVERAGE

0.3551 GHS

2018 ZAR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.3869. Conversely, the yearly low was recorded on September 5, dropping to 0.3073.

This high-to-low spread represents a total annual volatility of 0.0797 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3726 to the December average rate of 0.3443, the exchange rate registered a net change of -7.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3869 was up 4.77% compared to the 2017 peak of 0.3693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,346 GHS

2017 Average 16,549 GHS

Yearly Trough Low 15,363 GHS

Transaction Impact: A difference of 3,982.97 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3837

0.3200

JanuMarcMayJulySeptNove

ZAR 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 0.3688, compared to 0.3414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 0.3688

H2 Avg (Jul–Dec) 0.3414

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0413 GHS (High: 0.3485 / Low: 0.3073). On the other end, March was the most stable month, with a tight range of 0.0117 GHS (High: 0.3791 / Low: 0.3674).

September Spread (Volatile) ±0.0413

March Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0165 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.3784) against the same month in 2017 (average: 0.3380), the exchange rate shifted by +0.0404 (+11.95%).

2018 Avg (February) 0.3784

2017 Avg (February) 0.3380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3826	0.3649	0.3726
February	0.3869	0.3654	0.3784
March	0.3791	0.3674	0.3741
April	0.3736	0.3577	0.3671
May	0.3742	0.3545	0.3648
June	0.3752	0.3433	0.3555
July	0.3668	0.3454	0.3581
August	0.3603	0.3219	0.3418
September	0.3485	0.3073	0.3253
October	0.3426	0.3229	0.3335
November	0.3626	0.3312	0.3452
December	0.3644	0.3328	0.3443