YEARLY HIGH
90.0900 AOA
YEARLY LOW
32.8614 AOA
YEARLY AVERAGE
54.7540 AOA

2022 GHS to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 90.0900. Conversely, the yearly low was recorded on October 24, dropping to 32.8614.

This high-to-low spread represents a total annual volatility of 57.2286 AOA. From a start-to-finish perspective, comparing the January average rate of 86.5284 to the December average rate of 47.5709, the exchange rate registered a net change of -45.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 90.0900 was down 21.01% compared to the 2021 peak of 114.0521, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 450,450 AOA
2021 Average 529,432 AOA
Yearly Trough Low 164,307 AOA
Transaction Impact: A difference of 286,143.05 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

91.6898
29.7530
JanuMarcMayJulySeptNove

GHS to AOA 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 65.7755, compared to 43.7326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.0430 points.

H1 Avg (Jan–Jun) 65.7755
H2 Avg (Jul–Dec) 43.7326

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 24.5810 AOA (High: 60.4237 / Low: 35.8427). On the other end, May was the most stable month, with a tight range of 1.3517 AOA (High: 54.5311 / Low: 53.1793).

December Spread (Volatile) ±24.5810
May Spread (Stable) ±1.3517

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 14.4561 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -14.4561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 86.5284) against the same month in 2021 (average: 112.0301), the exchange rate shifted by -25.5017 (-22.76%).

2022 Avg (January) 86.5284
2021 Avg (January) 112.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.0900 83.9889 86.5284
February 83.4239 73.0294 79.1123
March 72.8109 59.4427 64.6562
April 59.3263 53.5930 56.2109
May 54.5311 53.1793 53.8221
June 54.8780 53.0743 54.3232
July 53.7794 51.0359 52.8499
August 51.0611 42.6853 46.2161
September 43.2031 41.4742 42.5720
October 42.1406 32.8614 38.2721
November 35.6325 33.8434 34.9144
December 60.4237 35.8427 47.5709