2022 GHS to EGP Historical Review

YEARLY HIGH

2.9673 EGP

YEARLY LOW

1.4063 EGP

YEARLY AVERAGE

2.2089 EGP

2022 GHS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.9673. Conversely, the yearly low was recorded on October 25, dropping to 1.4063.

This high-to-low spread represents a total annual volatility of 1.5610 EGP. From a start-to-finish perspective, comparing the January average rate of 2.5290 to the December average rate of 2.3267, the exchange rate registered a net change of -8.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.9673 was up 8.09% compared to the 2021 peak of 2.7453, 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 14,836 EGP

2021 Average 13,256 EGP

Yearly Trough Low 7,032 EGP

Transaction Impact: A difference of 7,804.82 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6114

1.6218

JanuMarcMayJulySeptNove

GHS to EGP 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 2.4115, compared to 2.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4052 points.

H1 Avg (Jan–Jun) 2.4115

H2 Avg (Jul–Dec) 2.0063

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 1.2255 EGP (High: 2.9673 / Low: 1.7418). On the other end, April was the most stable month, with a tight range of 0.0524 EGP (High: 2.4710 / Low: 2.4186).

December Spread (Volatile) ±1.2255

April Spread (Stable) ±0.0524

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 July and August, when the average rate fell by 0.2582 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.3267) against the same month in 2021 (average: 2.5586), the exchange rate shifted by -0.2320 (-9.07%).

2022 Avg (December) 2.3267

2021 Avg (December) 2.5586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5590	2.4974	2.5290
February	2.4890	2.3156	2.4165
March	2.5237	2.1513	2.3037
April	2.4710	2.4186	2.4448
May	2.4799	2.3483	2.4126
June	2.3885	2.3305	2.3624
July	2.3582	2.2318	2.3182
August	2.2403	1.9114	2.0600
September	1.9402	1.8697	1.9177
October	1.9050	1.4063	1.7110
November	1.7694	1.6795	1.7043
December	2.9673	1.7418	2.3267