YEARLY HIGH
237.3984 IQD
YEARLY LOW
99.8356 IQD
YEARLY AVERAGE
172.8942 IQD

2022 GHS to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 237.3984. Conversely, the yearly low was recorded on November 28, dropping to 99.8356.

This high-to-low spread represents a total annual volatility of 137.5628 IQD. From a start-to-finish perspective, comparing the January average rate of 234.7762 to the December average rate of 137.7356, the exchange rate registered a net change of -41.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 237.3984 was down 6.97% compared to the 2021 peak of 255.1786, 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 1,186,992 IQD
2021 Average 1,233,101 IQD
Yearly Trough Low 499,178 IQD
Transaction Impact: A difference of 687,813.94 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

248.0726
88.5159
JanuMarcMayJulySeptNove

GHS to IQD 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 205.0636, compared to 140.7248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 64.3388 points.

H1 Avg (Jan–Jun) 205.0636
H2 Avg (Jul–Dec) 140.7248

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 71.9300 IQD (High: 175.4407 / Low: 103.5107). On the other end, April was the most stable month, with a tight range of 4.1932 IQD (High: 195.9732 / Low: 191.7800).

December Spread (Volatile) ±71.9300
April Spread (Stable) ±4.1932

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 22.5957 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -22.5957

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 234.7762) against the same month in 2021 (average: 249.8063), the exchange rate shifted by -15.0301 (-6.02%).

2022 Avg (January) 234.7762
2021 Avg (January) 249.8063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 237.3984 231.6667 234.7762
February 231.3896 214.6324 224.2808
March 213.9644 192.6896 202.2808
April 195.9732 191.7800 193.7661
May 195.9024 186.7807 191.0075
June 187.1154 180.8605 184.2705
July 181.7606 172.2866 178.9531
August 172.3337 145.0187 157.1317
September 146.6337 139.7129 144.3082
October 141.5112 103.9146 124.4079
November 106.5497 99.8356 101.8123
December 175.4407 103.5107 137.7356