2022 GHS to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GHS to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GHS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 21.2209. Conversely, the yearly low was recorded on October 25, dropping to 11.0672.
This high-to-low spread represents a total annual volatility of 10.1536 ARS. From a start-to-finish perspective, comparing the January average rate of 16.7137 to the December average rate of 16.3017, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 21.2209 was up 26.75% compared to the 2021 peak of 16.7429, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GHS to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.6872, compared to 14.1618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5254 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was December, with a trading range of 9.3241 ARS (High: 21.2209 / Low: 11.8967). On the other end, January was the most stable month, with a tight range of 0.2868 ARS (High: 16.8921 / Low: 16.6053).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.6270 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 16.3017) against the same month in 2021 (average: 16.5794), the exchange rate shifted by -0.2777 (-1.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.8921 | 16.6053 | 16.7137 |
| February | 16.6766 | 15.8029 | 16.3456 |
| March | 15.7462 | 14.6096 | 15.1489 |
| April | 15.3367 | 14.7514 | 15.0298 |
| May | 15.6047 | 15.1786 | 15.4087 |
| June | 15.7291 | 15.2583 | 15.4767 |
| July | 15.9353 | 15.4679 | 15.7402 |
| August | 15.5687 | 13.7623 | 14.5445 |
| September | 14.4516 | 13.8113 | 14.1412 |
| October | 14.4004 | 11.0672 | 12.9352 |
| November | 11.6361 | 11.0837 | 11.3083 |
| December | 21.2209 | 11.8967 | 16.3017 |