YEARLY HIGH
0.0070 GHS
YEARLY LOW
0.0035 GHS
YEARLY AVERAGE
0.0046 GHS

2022 MMK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.0070. Conversely, the yearly low was recorded on January 1, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0035 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0053, the exchange rate registered a net change of 51.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0070 was up 56.25% compared to the 2021 peak of 0.0045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 GHS
2021 Average 19 GHS
Yearly Trough Low 17 GHS
Transaction Impact: A difference of 17.50 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0072
0.0032
JanuMarcMayJulySeptNove

MMK 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 0.0040, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0040
H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.0028 GHS (High: 0.0067 / Low: 0.0040). On the other end, January was the most stable month, with a tight range of 0.0001 GHS (High: 0.0035 / Low: 0.0035).

December Spread (Volatile) ±0.0028
January Spread (Stable) ±0.0001

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 0.0015 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0068) against the same month in 2021 (average: 0.0034), the exchange rate shifted by +0.0034 (+99.54%).

2022 Avg (November) 0.0068
2021 Avg (November) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0035 0.0035
February 0.0038 0.0035 0.0037
March 0.0043 0.0038 0.0041
April 0.0042 0.0040 0.0041
May 0.0042 0.0040 0.0041
June 0.0044 0.0042 0.0043
July 0.0046 0.0043 0.0044
August 0.0048 0.0043 0.0046
September 0.0050 0.0047 0.0048
October 0.0067 0.0049 0.0057
November 0.0070 0.0065 0.0068
December 0.0067 0.0040 0.0053