YEARLY HIGH
0.7574 GHS
YEARLY LOW
0.2992 GHS
YEARLY AVERAGE
0.4495 GHS

2022 MXN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.7574. Conversely, the yearly low was recorded on January 26, dropping to 0.2992.

This high-to-low spread represents a total annual volatility of 0.4582 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3032 to the December average rate of 0.5679, the exchange rate registered a net change of 87.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7574 was up 148.78% compared to the 2021 peak of 0.3044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 37,871 GHS
2021 Average 14,606 GHS
Yearly Trough Low 14,959 GHS
Transaction Impact: A difference of 22,911.65 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7803
0.2598
JanuMarcMayJulySeptNove

MXN 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 0.3547, compared to 0.5443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1897 points.

H1 Avg (Jan–Jun) 0.3547
H2 Avg (Jul–Dec) 0.5443

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.3143 GHS (High: 0.7361 / Low: 0.4219). On the other end, January was the most stable month, with a tight range of 0.0096 GHS (High: 0.3088 / Low: 0.2992).

December Spread (Volatile) ±0.3143
January Spread (Stable) ±0.0096

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 0.1690 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.1690

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.7369) against the same month in 2021 (average: 0.2933), the exchange rate shifted by +0.4436 (+151.26%).

2022 Avg (November) 0.7369
2021 Avg (November) 0.2933

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3088 0.2992 0.3032
February 0.3341 0.3071 0.3181
March 0.3790 0.3301 0.3520
April 0.3850 0.3672 0.3757
May 0.3992 0.3674 0.3822
June 0.4027 0.3865 0.3968
July 0.4177 0.3877 0.3976
August 0.4999 0.4118 0.4636
September 0.5187 0.4945 0.5042
October 0.7096 0.5167 0.5957
November 0.7574 0.6955 0.7369
December 0.7361 0.4219 0.5679