YEARLY HIGH
0.2205 SGD
YEARLY LOW
0.0943 SGD
YEARLY AVERAGE
0.1629 SGD

2022 GHS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2205. Conversely, the yearly low was recorded on November 28, dropping to 0.0943.

This high-to-low spread represents a total annual volatility of 0.1262 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2173 to the December average rate of 0.1275, the exchange rate registered a net change of -41.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2205 was down 6.42% compared to the 2021 peak of 0.2357, 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 1,103 SGD
2021 Average 1,135 SGD
Yearly Trough Low 471 SGD
Transaction Impact: A difference of 631.25 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2294
0.0846
JanuMarcMayJulySeptNove

GHS to SGD 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 0.1915, compared to 0.1342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0573 points.

H1 Avg (Jan–Jun) 0.1915
H2 Avg (Jul–Dec) 0.1342

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.0670 SGD (High: 0.1628 / Low: 0.0958). On the other end, September was the most stable month, with a tight range of 0.0041 SGD (High: 0.1415 / Low: 0.1374).

December Spread (Volatile) ±0.0670
September Spread (Stable) ±0.0041

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 0.0247 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.2173) against the same month in 2021 (average: 0.2266), the exchange rate shifted by -0.0093 (-4.09%).

2022 Avg (January) 0.2173
2021 Avg (January) 0.2266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2205 0.2147 0.2173
February 0.2137 0.1990 0.2071
March 0.1990 0.1792 0.1882
April 0.1846 0.1784 0.1812
May 0.1858 0.1752 0.1808
June 0.1764 0.1723 0.1747
July 0.1748 0.1627 0.1711
August 0.1625 0.1390 0.1489
September 0.1415 0.1374 0.1398
October 0.1379 0.1004 0.1214
November 0.1038 0.0943 0.0967
December 0.1628 0.0958 0.1275