YEARLY HIGH
15.9103 CVE
YEARLY LOW
7.2349 CVE
YEARLY AVERAGE
12.3369 CVE

2022 GHS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 15.9103. Conversely, the yearly low was recorded on November 28, dropping to 7.2349.

This high-to-low spread represents a total annual volatility of 8.6754 CVE. From a start-to-finish perspective, comparing the January average rate of 15.7175 to the December average rate of 9.8340, the exchange rate registered a net change of -37.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 15.9103 was down 3.29% compared to the 2021 peak of 16.4519, 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 79,552 CVE
2021 Average 79,017 CVE
Yearly Trough Low 36,175 CVE
Transaction Impact: A difference of 43,376.85 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

16.5307
6.7712
JanuMarcMayJulySeptNove

GHS to CVE 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 14.1779, compared to 10.4960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6818 points.

H1 Avg (Jan–Jun) 14.1779
H2 Avg (Jul–Dec) 10.4960

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 5.0413 CVE (High: 12.4626 / Low: 7.4213). On the other end, June was the most stable month, with a tight range of 0.3508 CVE (High: 13.3616 / Low: 13.0108).

December Spread (Volatile) ±5.0413
June Spread (Stable) ±0.3508

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 2.0292 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 15.7175) against the same month in 2021 (average: 15.5422), the exchange rate shifted by +0.1752 (+1.13%).

2022 Avg (January) 15.7175
2021 Avg (January) 15.5422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.9103 15.4301 15.7175
February 15.5885 14.5368 14.9980
March 14.5288 13.1896 13.9270
April 14.0321 13.2980 13.5336
May 14.1262 13.2098 13.6929
June 13.3616 13.0108 13.1983
July 13.5167 12.3307 13.1984
August 12.7097 10.9442 11.7490
September 11.2089 10.5173 10.9964
October 10.8982 7.9253 9.6137
November 8.1848 7.2349 7.5845
December 12.4626 7.4213 9.8340