2022 GHS to GEL Historical Review

YEARLY HIGH

0.5033 GEL

YEARLY LOW

0.1840 GEL

YEARLY AVERAGE

0.3488 GEL

2022 GHS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5033. Conversely, the yearly low was recorded on November 21, dropping to 0.1840.

This high-to-low spread represents a total annual volatility of 0.3192 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4952 to the December average rate of 0.2523, the exchange rate registered a net change of -49.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5033 was down 15.88% compared to the 2021 peak of 0.5983, 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 2,516 GEL

2021 Average 2,719 GEL

Yearly Trough Low 920 GEL

Transaction Impact: A difference of 1,596.03 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5258

0.1594

JanuMarcMayJulySeptNove

GHS to GEL 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 0.4281, compared to 0.2695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1586 points.

H1 Avg (Jan–Jun) 0.4281

H2 Avg (Jul–Dec) 0.2695

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.1348 GEL (High: 0.3235 / Low: 0.1887). On the other end, April was the most stable month, with a tight range of 0.0128 GEL (High: 0.4137 / Low: 0.4008).

December Spread (Volatile) ±0.1348

April Spread (Stable) ±0.0128

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 0.0610 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.4952) against the same month in 2021 (average: 0.5643), the exchange rate shifted by -0.0691 (-12.24%).

2022 Avg (January) 0.4952

2021 Avg (January) 0.5643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5033	0.4836	0.4952
February	0.4817	0.4445	0.4610
March	0.4884	0.4126	0.4471
April	0.4137	0.4008	0.4058
May	0.4072	0.3648	0.3886
June	0.3846	0.3635	0.3709
July	0.3669	0.3262	0.3587
August	0.3228	0.2818	0.2978
September	0.2968	0.2703	0.2812
October	0.2723	0.1968	0.2369
November	0.2004	0.1840	0.1899
December	0.3235	0.1887	0.2523