2022 GHS to NAD Historical Review

YEARLY HIGH

2.5938 NAD

YEARLY LOW

1.1709 NAD

YEARLY AVERAGE

1.9061 NAD

2022 GHS to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 2.5938. Conversely, the yearly low was recorded on November 26, dropping to 1.1709.

This high-to-low spread represents a total annual volatility of 1.4229 NAD. From a start-to-finish perspective, comparing the January average rate of 2.4944 to the December average rate of 1.6254, the exchange rate registered a net change of -34.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.5938 was down 4.48% compared to the 2021 peak of 2.7153, 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 12,969 NAD

2021 Average 12,484 NAD

Yearly Trough Low 5,854 NAD

Transaction Impact: A difference of 7,114.49 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6216

1.0957

JanuMarcMayJulySeptNove

GHS to NAD 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 2.1631, compared to 1.6492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5139 points.

H1 Avg (Jan–Jun) 2.1631

H2 Avg (Jul–Dec) 1.6492

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.8990 NAD (High: 2.1025 / Low: 1.2035). On the other end, September was the most stable month, with a tight range of 0.0883 NAD (High: 1.7755 / Low: 1.6872).

December Spread (Volatile) ±0.8990

September Spread (Stable) ±0.0883

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 0.3195 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2.4944) against the same month in 2021 (average: 2.5767), the exchange rate shifted by -0.0823 (-3.19%).

2022 Avg (January) 2.4944

2021 Avg (January) 2.5767

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5938	2.4076	2.4944
February	2.4533	2.2353	2.3413
March	2.2579	1.9300	2.0809
April	2.1314	1.9148	1.9877
May	2.1517	1.9962	2.0837
June	2.0242	1.9306	1.9901
July	2.0320	1.8532	1.9732
August	1.9541	1.6827	1.7962
September	1.7755	1.6872	1.7350
October	1.7301	1.2769	1.5424
November	1.3307	1.1709	1.2229
December	2.1025	1.2035	1.6254