2022 CVE to GHS Historical Review

YEARLY HIGH

0.1382 GHS

YEARLY LOW

0.0629 GHS

YEARLY AVERAGE

0.0851 GHS

2022 CVE to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.1382. Conversely, the yearly low was recorded on January 3, dropping to 0.0629.

This high-to-low spread represents a total annual volatility of 0.0754 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0636 to the December average rate of 0.1065, the exchange rate registered a net change of 67.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1382 was up 112.16% compared to the 2021 peak of 0.0651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 691 GHS

2021 Average 316 GHS

Yearly Trough Low 314 GHS

Transaction Impact: A difference of 376.83 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1389

0.0568

JanuMarcMayJulySeptNove

CVE 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 0.0708, compared to 0.0994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0286 points.

H1 Avg (Jan–Jun) 0.0708

H2 Avg (Jul–Dec) 0.0994

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.0545 GHS (High: 0.1347 / Low: 0.0802). On the other end, January was the most stable month, with a tight range of 0.0020 GHS (High: 0.0648 / Low: 0.0629).

December Spread (Volatile) ±0.0545

January Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0255 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.1320) against the same month in 2021 (average: 0.0632), the exchange rate shifted by +0.0688 (+108.94%).

2022 Avg (November) 0.1320

2021 Avg (November) 0.0632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0648	0.0629	0.0636
February	0.0688	0.0641	0.0667
March	0.0758	0.0688	0.0719
April	0.0752	0.0713	0.0739
May	0.0757	0.0708	0.0731
June	0.0769	0.0748	0.0758
July	0.0811	0.0740	0.0758
August	0.0914	0.0787	0.0853
September	0.0951	0.0892	0.0910
October	0.1262	0.0918	0.1056
November	0.1382	0.1222	0.1320
December	0.1347	0.0802	0.1065