YEARLY HIGH
20.6301 GHS
YEARLY LOW
8.6717 GHS
YEARLY AVERAGE
12.6942 GHS

2022 JOD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 20.6301. Conversely, the yearly low was recorded on January 1, dropping to 8.6717.

This high-to-low spread represents a total annual volatility of 11.9583 GHS. From a start-to-finish perspective, comparing the January average rate of 8.7672 to the December average rate of 15.6876, the exchange rate registered a net change of 78.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 20.6301 was up 136.40% compared to the 2021 peak of 8.7267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103,150 GHS
2021 Average 41,777 GHS
Yearly Trough Low 43,359 GHS
Transaction Impact: A difference of 59,791.67 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.3566
7.6227
JanuMarcMayJulySeptNove

JOD 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 10.1225, compared to 15.2659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1434 points.

H1 Avg (Jan–Jun) 10.1225
H2 Avg (Jul–Dec) 15.2659

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 8.1106 GHS (High: 19.8789 / Low: 11.7683). On the other end, January was the most stable month, with a tight range of 0.2140 GHS (High: 8.8858 / Low: 8.6717).

December Spread (Volatile) ±8.1106
January Spread (Stable) ±0.2140

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 4.5245 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -4.5245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 20.2121) against the same month in 2021 (average: 8.6364), the exchange rate shifted by +11.5757 (+134.03%).

2022 Avg (November) 20.2121
2021 Avg (November) 8.6364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.8858 8.6717 8.7672
February 9.5910 8.9009 9.1818
March 10.6817 9.6198 10.1918
April 10.7341 10.5078 10.6331
May 11.0221 10.5116 10.7822
June 11.3795 10.9828 11.1786
July 11.9566 11.3023 11.4974
August 14.1892 11.9491 13.1588
September 14.7245 14.0394 14.2577
October 19.8166 14.5532 16.7817
November 20.6301 19.3176 20.2121
December 19.8789 11.7683 15.6876