YEARLY HIGH
1.1229 BOB
YEARLY LOW
0.4728 BOB
YEARLY AVERAGE
0.8161 BOB

2022 GHS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.1229. Conversely, the yearly low was recorded on November 28, dropping to 0.4728.

This high-to-low spread represents a total annual volatility of 0.6501 BOB. From a start-to-finish perspective, comparing the January average rate of 1.1084 to the December average rate of 0.6520, the exchange rate registered a net change of -41.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1229 was down 6.98% compared to the 2021 peak of 1.2072, 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 5,614 BOB
2021 Average 5,830 BOB
Yearly Trough Low 2,364 BOB
Transaction Impact: A difference of 3,250.32 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.1710
0.4193
JanuMarcMayJulySeptNove

GHS to BOB 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 0.9668, compared to 0.6654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3013 points.

H1 Avg (Jan–Jun) 0.9668
H2 Avg (Jul–Dec) 0.6654

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.3405 BOB (High: 0.8306 / Low: 0.4901). On the other end, April was the most stable month, with a tight range of 0.0201 BOB (High: 0.9232 / Low: 0.9031).

December Spread (Volatile) ±0.3405
April Spread (Stable) ±0.0201

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 October and November, when the average rate fell by 0.1072 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1.1084) against the same month in 2021 (average: 1.1772), the exchange rate shifted by -0.0688 (-5.84%).

2022 Avg (January) 1.1084
2021 Avg (January) 1.1772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1229 1.0922 1.1084
February 1.0911 1.0098 1.0576
March 1.0077 0.9061 0.9527
April 0.9232 0.9031 0.9135
May 0.9170 0.8822 0.8996
June 0.8830 0.8532 0.8687
July 0.8595 0.8112 0.8436
August 0.8118 0.6862 0.7425
September 0.6942 0.6615 0.6833
October 0.6700 0.4911 0.5892
November 0.5043 0.4728 0.4819
December 0.8306 0.4901 0.6520