2022 GHS to ILS Historical Review

YEARLY HIGH

0.5127 ILS

YEARLY LOW

0.2347 ILS

YEARLY AVERAGE

0.3951 ILS

2022 GHS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.5127. Conversely, the yearly low was recorded on November 28, dropping to 0.2347.

This high-to-low spread represents a total annual volatility of 0.2780 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5045 to the December average rate of 0.3268, the exchange rate registered a net change of -35.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5127 was down 11.98% compared to the 2021 peak of 0.5825, 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 2,564 ILS

2021 Average 2,730 ILS

Yearly Trough Low 1,174 ILS

Transaction Impact: A difference of 1,389.98 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5307

0.2162

JanuMarcMayJulySeptNove

GHS to ILS 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 0.4584, compared to 0.3319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1265 points.

H1 Avg (Jan–Jun) 0.4584

H2 Avg (Jul–Dec) 0.3319

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.1832 ILS (High: 0.4239 / Low: 0.2407). On the other end, September was the most stable month, with a tight range of 0.0138 ILS (High: 0.3476 / Low: 0.3338).

December Spread (Volatile) ±0.1832

September Spread (Stable) ±0.0138

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 0.0706 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.5045) against the same month in 2021 (average: 0.5522), the exchange rate shifted by -0.0476 (-8.63%).

2022 Avg (January) 0.5045

2021 Avg (January) 0.5522

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5127	0.4963	0.5045
February	0.5056	0.4747	0.4941
March	0.4725	0.4219	0.4492
April	0.4431	0.4213	0.4303
May	0.4610	0.4261	0.4421
June	0.4370	0.4217	0.4300
July	0.4386	0.4028	0.4248
August	0.3967	0.3249	0.3542
September	0.3476	0.3338	0.3410
October	0.3405	0.2505	0.3019
November	0.2612	0.2347	0.2424
December	0.4239	0.2407	0.3268