2022 AFN to GHS Historical Review

YEARLY HIGH

0.1673 GHS

YEARLY LOW

0.0585 GHS

YEARLY AVERAGE

0.1009 GHS

2022 AFN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.1673. Conversely, the yearly low was recorded on January 11, dropping to 0.0585.

This high-to-low spread represents a total annual volatility of 0.1088 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0595 to the December average rate of 0.1272, the exchange rate registered a net change of 113.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1673 was up 119.96% compared to the 2021 peak of 0.0761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 837 GHS

2021 Average 357 GHS

Yearly Trough Low 293 GHS

Transaction Impact: A difference of 544.05 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1734

0.0491

JanuMarcMayJulySeptNove

AFN 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 0.0788, compared to 0.1229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0442 points.

H1 Avg (Jan–Jun) 0.0788

H2 Avg (Jul–Dec) 0.1229

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.0668 GHS (High: 0.1617 / Low: 0.0950). On the other end, May was the most stable month, with a tight range of 0.0030 GHS (High: 0.0884 / Low: 0.0854).

December Spread (Volatile) ±0.0668

May Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0358 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.1630) against the same month in 2021 (average: 0.0660), the exchange rate shifted by +0.0970 (+146.82%).

2022 Avg (November) 0.1630

2021 Avg (November) 0.0660

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0616	0.0585	0.0595
February	0.0741	0.0632	0.0699
March	0.0862	0.0743	0.0815
April	0.0879	0.0845	0.0862
May	0.0884	0.0854	0.0867
June	0.0919	0.0873	0.0890
July	0.0940	0.0902	0.0919
August	0.1143	0.0942	0.1045
September	0.1181	0.1118	0.1142
October	0.1621	0.1173	0.1369
November	0.1673	0.1550	0.1630
December	0.1617	0.0950	0.1272