YEARLY HIGH
2.0039 GHS
YEARLY LOW
0.9246 GHS
YEARLY AVERAGE
1.2487 GHS

2022 HRK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HRK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 2.0039. Conversely, the yearly low was recorded on January 3, dropping to 0.9246.

This high-to-low spread represents a total annual volatility of 1.0792 GHS. From a start-to-finish perspective, comparing the January average rate of 0.9353 to the December average rate of 1.5603, the exchange rate registered a net change of 66.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.0039 was up 108.44% compared to the 2021 peak of 0.9614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HRK based on timing:

Yearly Peak High 10,019 GHS
2021 Average 4,652 GHS
Yearly Trough Low 4,623 GHS
Transaction Impact: A difference of 5,396.17 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.0453
0.8343
JanuMarcMayJulySeptNove

HRK to GHS 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 1.0385, compared to 1.4590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4205 points.

H1 Avg (Jan–Jun) 1.0385
H2 Avg (Jul–Dec) 1.4590

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.8037 GHS (High: 1.9756 / Low: 1.1719). On the other end, June was the most stable month, with a tight range of 0.0215 GHS (High: 1.1225 / Low: 1.1009).

December Spread (Volatile) ±0.8037
June Spread (Stable) ±0.0215

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3841 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3841

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 1.9444) against the same month in 2021 (average: 0.9287), the exchange rate shifted by +1.0157 (+109.36%).

2022 Avg (November) 1.9444
2021 Avg (November) 0.9287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9499 0.9246 0.9353
February 1.0125 0.9447 0.9799
March 1.1089 1.0032 1.0509
April 1.1014 1.0421 1.0789
May 1.1122 1.0366 1.0728
June 1.1225 1.1009 1.1132
July 1.1488 1.0801 1.1054
August 1.3438 1.1564 1.2563
September 1.3618 1.3031 1.3319
October 1.8685 1.3528 1.5556
November 2.0039 1.7728 1.9444
December 1.9756 1.1719 1.5603