YEARLY HIGH
6873.9837 IRR
YEARLY LOW
2899.4917 IRR
YEARLY AVERAGE
5006.5345 IRR

2022 GHS to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 6873.9837. Conversely, the yearly low was recorded on November 21, dropping to 2899.4917.

This high-to-low spread represents a total annual volatility of 3974.4920 IRR. From a start-to-finish perspective, comparing the January average rate of 6798.9993 to the December average rate of 3933.7699, the exchange rate registered a net change of -42.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 6873.9837 was down 6.52% compared to the 2021 peak of 7353.3405, 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 34,369,919 IRR
2021 Average 35,601,827 IRR
Yearly Trough Low 14,497,458 IRR
Transaction Impact: A difference of 19,872,460.24 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

7183.1319
2573.5403
JanuMarcMayJulySeptNove

GHS to IRR 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 5939.9270, compared to 4073.1420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1866.7850 points.

H1 Avg (Jan–Jun) 5939.9270
H2 Avg (Jul–Dec) 4073.1420

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 2073.3525 IRR (High: 5013.6218 / Low: 2940.2694). On the other end, April was the most stable month, with a tight range of 125.3948 IRR (High: 5684.5638 / Low: 5559.1689).

December Spread (Volatile) ±2073.3525
April Spread (Stable) ±125.3948

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 651.6403 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -651.6403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 6798.9993) against the same month in 2021 (average: 7193.9884), the exchange rate shifted by -394.9892 (-5.49%).

2022 Avg (January) 6798.9993
2021 Avg (January) 7193.9884

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6873.9837 6709.8106 6798.9993
February 6698.9049 6213.2353 6494.0074
March 6190.0030 5583.1143 5855.9745
April 5684.5638 5559.1689 5613.3363
May 5675.8022 5412.8972 5536.8232
June 5429.4872 5249.0699 5340.4214
July 5284.9288 4989.8516 5196.0499
August 4998.8751 4209.6788 4553.7231
September 4259.6160 4052.6316 4188.3232
October 4099.5463 3017.7936 3609.3132
November 3092.1008 2899.4917 2957.6729
December 5013.6218 2940.2694 3933.7699