You might be interested in this site:
http://www.fao.org/docrep/x5328e/x5328e0b.htm
It tells us that charcoal can be up to 10% water if left hanging around in the atmoshere.
Also the percentage of volatiles ( which are compounds not driven off when then charcoal is made) can be between 5 and 40 % depending on how well it is made.
So I'd suggest Teddio's method is good if you have high quality charcoal and want an approximate answer without chemicals but is probably unreliable in other cases