2022 GHS to NGN Historical Review

YEARLY HIGH

67.1459 NGN

YEARLY LOW

30.3539 NGN

YEARLY AVERAGE

49.9218 NGN

2022 GHS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 67.1459. Conversely, the yearly low was recorded on November 21, dropping to 30.3539.

This high-to-low spread represents a total annual volatility of 36.7920 NGN. From a start-to-finish perspective, comparing the January average rate of 66.5649 to the December average rate of 42.0298, the exchange rate registered a net change of -36.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 67.1459 was down 6.28% compared to the 2021 peak of 71.6431, 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 335,729 NGN

2021 Average 340,509 NGN

Yearly Trough Low 151,769 NGN

Transaction Impact: A difference of 183,960.02 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

70.1397

27.2418

JanuMarcMayJulySeptNove

GHS to NGN 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 58.3463, compared to 41.4972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.8490 points.

H1 Avg (Jan–Jun) 58.3463

H2 Avg (Jul–Dec) 41.4972

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 22.2261 NGN (High: 53.6799 / Low: 31.4538). On the other end, January was the most stable month, with a tight range of 1.2674 NGN (High: 67.1459 / Low: 65.8784).

December Spread (Volatile) ±22.2261

January Spread (Stable) ±1.2674

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 February and March, when the average rate fell by 6.3139 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -6.3139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 66.5649) against the same month in 2021 (average: 66.2576), the exchange rate shifted by +0.3073 (+0.46%).

2022 Avg (January) 66.5649

2021 Avg (January) 66.2576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	67.1459	65.8784	66.5649
February	65.8459	61.1118	63.9499
March	60.9876	54.8833	57.6360
April	55.7919	54.4669	55.1329
May	55.4263	53.1308	54.3241
June	53.2205	51.4447	52.4698
July	52.3995	49.1419	51.3797
August	49.8134	41.7997	45.2656
September	43.2343	41.3751	42.3795
October	42.1118	31.0825	37.1123
November	32.0432	30.3539	30.8166
December	53.6799	31.4538	42.0298