2022 GHS to TRY Historical Review

YEARLY HIGH

2.2545 TRY

YEARLY LOW

1.2733 TRY

YEARLY AVERAGE

1.9136 TRY

2022 GHS to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GHS to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.2545. Conversely, the yearly low was recorded on November 28, dropping to 1.2733.

This high-to-low spread represents a total annual volatility of 0.9813 TRY. From a start-to-finish perspective, comparing the January average rate of 2.1770 to the December average rate of 1.7596, the exchange rate registered a net change of -19.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.2545 was down 16.94% compared to the 2021 peak of 2.7143, 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 11,273 TRY

2021 Average 7,486 TRY

Yearly Trough Low 6,366 TRY

Transaction Impact: A difference of 4,906.28 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.2649

1.2104

JanuMarcMayJulySeptNove

GHS to TRY 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 2.0719, compared to 1.7553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3166 points.

H1 Avg (Jan–Jun) 2.0719

H2 Avg (Jul–Dec) 1.7553

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.9204 TRY (High: 2.2419 / Low: 1.3215). On the other end, April was the most stable month, with a tight range of 0.0616 TRY (High: 1.9797 / Low: 1.9182).

December Spread (Volatile) ±0.9204

April Spread (Stable) ±0.0616

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2853 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2.1770) against the same month in 2021 (average: 1.2643), the exchange rate shifted by +0.9127 (+72.19%).

2022 Avg (January) 2.1770

2021 Avg (January) 1.2643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2545	2.1123	2.1770
February	2.1463	2.0329	2.0966
March	2.1063	1.9277	2.0239
April	1.9797	1.9182	1.9515
May	2.1058	1.9553	2.0421
June	2.1837	2.0696	2.1404
July	2.1899	2.0759	2.1406
August	2.1126	1.8089	1.9386
September	1.8350	1.7705	1.8112
October	1.8008	1.3222	1.5835
November	1.3599	1.2733	1.2982
December	2.2419	1.3215	1.7596