YEARLY HIGH
1.0697 DKK
YEARLY LOW
0.4915 DKK
YEARLY AVERAGE
0.8306 DKK

2022 GHS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.0697. Conversely, the yearly low was recorded on November 28, dropping to 0.4915.

This high-to-low spread represents a total annual volatility of 0.5782 DKK. From a start-to-finish perspective, comparing the January average rate of 1.0575 to the December average rate of 0.6619, the exchange rate registered a net change of -37.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0697 was down 2.62% compared to the 2021 peak of 1.0986, 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 5,349 DKK
2021 Average 5,310 DKK
Yearly Trough Low 2,458 DKK
Transaction Impact: A difference of 2,891.02 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.1124
0.4534
JanuMarcMayJulySeptNove

GHS to DKK 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 0.9539, compared to 0.7074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2465 points.

H1 Avg (Jan–Jun) 0.9539
H2 Avg (Jul–Dec) 0.7074

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.3424 DKK (High: 0.8417 / Low: 0.4993). On the other end, June was the most stable month, with a tight range of 0.0186 DKK (High: 0.8983 / Low: 0.8797).

December Spread (Volatile) ±0.3424
June Spread (Stable) ±0.0186

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 0.1369 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1.0575) against the same month in 2021 (average: 1.0443), the exchange rate shifted by +0.0132 (+1.26%).

2022 Avg (January) 1.0575
2021 Avg (January) 1.0443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0697 1.0408 1.0575
February 1.0458 0.9709 1.0082
March 0.9797 0.8855 0.9365
April 0.9433 0.8929 0.9124
May 0.9542 0.8852 0.9207
June 0.8983 0.8797 0.8882
July 0.9163 0.8602 0.8957
August 0.8563 0.7365 0.7905
September 0.7592 0.7261 0.7427
October 0.7308 0.5285 0.6452
November 0.5569 0.4915 0.5083
December 0.8417 0.4993 0.6619