YEARLY HIGH
21.2300 ISK
YEARLY LOW
9.7044 ISK
YEARLY AVERAGE
15.8550 ISK

2022 GHS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 21.2300. Conversely, the yearly low was recorded on November 24, dropping to 9.7044.

This high-to-low spread represents a total annual volatility of 11.5256 ISK. From a start-to-finish perspective, comparing the January average rate of 20.7520 to the December average rate of 13.4323, the exchange rate registered a net change of -35.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 21.2300 was down 5.47% compared to the 2021 peak of 22.4575, 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 106,150 ISK
2021 Average 107,214 ISK
Yearly Trough Low 48,522 ISK
Transaction Impact: A difference of 57,627.92 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.8214
8.9888
JanuMarcMayJulySeptNove

GHS to ISK 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 18.1404, compared to 13.5695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.5709 points.

H1 Avg (Jan–Jun) 18.1404
H2 Avg (Jul–Dec) 13.5695

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 7.1411 ISK (High: 17.1481 / Low: 10.0070). On the other end, June was the most stable month, with a tight range of 0.5015 ISK (High: 16.7969 / Low: 16.2954).

December Spread (Volatile) ±7.1411
June Spread (Stable) ±0.5015

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 2.2089 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.2089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 20.7520) against the same month in 2021 (average: 21.9624), the exchange rate shifted by -1.2104 (-5.51%).

2022 Avg (January) 20.7520
2021 Avg (January) 21.9624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.2300 20.2819 20.7520
February 20.1862 18.4206 19.2190
March 19.0147 16.8709 18.0531
April 17.4669 16.9364 17.1474
May 17.9139 16.2455 17.1386
June 16.7969 16.2954 16.5325
July 17.1252 16.0281 16.7384
August 16.0015 14.0326 14.9026
September 14.3597 13.7219 14.0188
October 13.8045 10.1817 12.2671
November 10.8447 9.7044 10.0582
December 17.1481 10.0070 13.4323