YEARLY HIGH
2.5115 MVR
YEARLY LOW
1.0515 MVR
YEARLY AVERAGE
1.8272 MVR

2022 GHS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.5115. Conversely, the yearly low was recorded on November 28, dropping to 1.0515.

This high-to-low spread represents a total annual volatility of 1.4600 MVR. From a start-to-finish perspective, comparing the January average rate of 2.4854 to the December average rate of 1.4505, the exchange rate registered a net change of -41.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.5115 was down 6.98% compared to the 2021 peak of 2.7000, 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 12,558 MVR
2021 Average 13,033 MVR
Yearly Trough Low 5,257 MVR
Transaction Impact: A difference of 7,300.07 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6265
0.9341
JanuMarcMayJulySeptNove

GHS to MVR 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 2.1690, compared to 1.4854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6836 points.

H1 Avg (Jan–Jun) 2.1690
H2 Avg (Jul–Dec) 1.4854

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.7628 MVR (High: 1.8461 / Low: 1.0833). On the other end, April was the most stable month, with a tight range of 0.0437 MVR (High: 2.0738 / Low: 2.0301).

December Spread (Volatile) ±0.7628
April Spread (Stable) ±0.0437

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 0.2409 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2.4854) against the same month in 2021 (average: 2.6318), the exchange rate shifted by -0.1464 (-5.56%).

2022 Avg (January) 2.4854
2021 Avg (January) 2.6318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5115 2.4524 2.4854
February 2.4482 2.2721 2.3741
March 2.2653 2.0400 2.1394
April 2.0738 2.0301 2.0492
May 2.0731 1.9751 2.0209
June 1.9898 1.9025 1.9447
July 1.9355 1.8107 1.8901
August 1.8237 1.5268 1.6527
September 1.5542 1.4785 1.5279
October 1.4974 1.0961 1.3161
November 1.1266 1.0515 1.0751
December 1.8461 1.0833 1.4505