2022 EGP to GHS Historical Review

YEARLY HIGH

0.7111 GHS

YEARLY LOW

0.3370 GHS

YEARLY AVERAGE

0.4634 GHS

2022 EGP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.7111. Conversely, the yearly low was recorded on December 29, dropping to 0.3370.

This high-to-low spread represents a total annual volatility of 0.3741 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3954 to the December average rate of 0.4515, the exchange rate registered a net change of 14.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7111 was up 80.53% compared to the 2021 peak of 0.3939, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,555 GHS

2021 Average 1,887 GHS

Yearly Trough Low 1,685 GHS

Transaction Impact: A difference of 1,870.31 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6095

0.3760

JanuMarcMayJulySeptNove

EGP 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 0.4153, compared to 0.5114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0961 points.

H1 Avg (Jan–Jun) 0.4153

H2 Avg (Jul–Dec) 0.5114

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.2371 GHS (High: 0.5741 / Low: 0.3370). On the other end, April was the most stable month, with a tight range of 0.0088 GHS (High: 0.4135 / Low: 0.4047).

December Spread (Volatile) ±0.2371

April Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between April and October, 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 0.1354 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.5900) against the same month in 2021 (average: 0.3864), the exchange rate shifted by +0.2037 (+52.72%).

2022 Avg (October) 0.5900

2021 Avg (October) 0.3864

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4004	0.3908	0.3954
February	0.4318	0.4018	0.4140
March	0.4648	0.3962	0.4353
April	0.4135	0.4047	0.4091
May	0.4258	0.4032	0.4146
June	0.4291	0.4187	0.4233
July	0.4481	0.4241	0.4315
August	0.5232	0.4464	0.4871
September	0.5349	0.5154	0.5215
October	0.7111	0.5249	0.5900
November	0.5954	0.5651	0.5869
December	0.5741	0.3370	0.4515