2022 NOK to GHS Historical Review

YEARLY HIGH

1.4678 GHS

YEARLY LOW

0.6933 GHS

YEARLY AVERAGE

0.9289 GHS

2022 NOK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 1.4678. Conversely, the yearly low was recorded on January 26, dropping to 0.6933.

This high-to-low spread represents a total annual volatility of 0.7744 GHS. From a start-to-finish perspective, comparing the January average rate of 0.7023 to the December average rate of 1.1269, the exchange rate registered a net change of 60.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.4678 was up 100.64% compared to the 2021 peak of 0.7315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,339 GHS

2021 Average 3,445 GHS

Yearly Trough Low 3,467 GHS

Transaction Impact: A difference of 3,872.23 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.4900

0.6307

JanuMarcMayJulySeptNove

NOK 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 0.7853, compared to 1.0725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2871 points.

H1 Avg (Jan–Jun) 0.7853

H2 Avg (Jul–Dec) 1.0725

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.6064 GHS (High: 1.4497 / Low: 0.8433). On the other end, January was the most stable month, with a tight range of 0.0256 GHS (High: 0.7190 / Low: 0.6933).

December Spread (Volatile) ±0.6064

January Spread (Stable) ±0.0256

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2915 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 1.4184) against the same month in 2021 (average: 0.6989), the exchange rate shifted by +0.7195 (+102.95%).

2022 Avg (November) 1.4184

2021 Avg (November) 0.6989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7190	0.6933	0.7023
February	0.7702	0.7144	0.7340
March	0.8777	0.7680	0.8186
April	0.8701	0.7981	0.8471
May	0.8341	0.7612	0.7969
June	0.8354	0.7949	0.8129
July	0.8761	0.7886	0.8169
August	1.0270	0.8759	0.9587
September	1.0244	0.9497	0.9860
October	1.3631	0.9601	1.1279
November	1.4678	1.2952	1.4184
December	1.4497	0.8433	1.1269