YEARLY HIGH
2332.2960 IDR
YEARLY LOW
1069.3653 IDR
YEARLY AVERAGE
1746.9401 IDR

2022 GHS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2332.2960. Conversely, the yearly low was recorded on November 14, dropping to 1069.3653.

This high-to-low spread represents a total annual volatility of 1262.9307 IDR. From a start-to-finish perspective, comparing the January average rate of 2305.8257 to the December average rate of 1469.1903, the exchange rate registered a net change of -36.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2332.2960 was down 7.96% compared to the 2021 peak of 2534.0292, 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 11,661,480 IDR
2021 Average 12,083,850 IDR
Yearly Trough Low 5,346,827 IDR
Transaction Impact: A difference of 6,314,653.34 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2427.1672
971.0688
JanuMarcMayJulySeptNove

GHS to IDR 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 2028.5962, compared to 1465.2840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 563.3122 points.

H1 Avg (Jan–Jun) 2028.5962
H2 Avg (Jul–Dec) 1465.2840

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 802.1040 IDR (High: 1892.1181 / Low: 1090.0141). On the other end, September was the most stable month, with a tight range of 39.7183 IDR (High: 1502.2317 / Low: 1462.5134).

December Spread (Volatile) ±802.1040
September Spread (Stable) ±39.7183

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 241.3210 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -241.3210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2305.8257) against the same month in 2021 (average: 2402.1421), the exchange rate shifted by -96.3165 (-4.01%).

2022 Avg (January) 2305.8257
2021 Avg (January) 2402.1421

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2332.2960 2277.2700 2305.8257
February 2272.5565 2107.9779 2206.0780
March 2115.6869 1895.9463 1987.2459
April 1932.5385 1884.7723 1909.4977
May 1952.0325 1861.4151 1907.9782
June 1871.6906 1825.8559 1854.9518
July 1871.1954 1750.6853 1836.9352
August 1753.2319 1477.0655 1595.6142
September 1502.2317 1462.5134 1483.2500
October 1471.7177 1107.2684 1314.3040
November 1152.1080 1069.3653 1092.4104
December 1892.1181 1090.0141 1469.1903