2025 TOP to GHS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2025.
2025 TOP to GHS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2025
During 2025, the TOP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 6.4504. Conversely, the yearly low was recorded on June 8, dropping to 4.2363.
This high-to-low spread represents a total annual volatility of 2.2141 GHS. From a start-to-finish perspective, comparing the January average rate of 6.1504 to the December average rate of 4.7087, the exchange rate registered a net change of -23.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2025 high of 6.4504 was down 6.70% compared to the 2024 peak of 6.9135, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2025.
TOP to GHS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.8821, compared to 4.6346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2475 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2025 was May, with a trading range of 1.9855 GHS (High: 6.3586 / Low: 4.3731). On the other end, July was the most stable month, with a tight range of 0.0752 GHS (High: 4.3620 / Low: 4.2868).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.3516 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2025: 6.4107) against the same month in 2024 (average: 5.2627), the exchange rate shifted by +1.1480 (+21.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.2830 | 6.0417 | 6.1504 |
| February | 6.4504 | 6.2595 | 6.4107 |
| March | 6.4479 | 6.3694 | 6.4352 |
| April | 6.4432 | 5.9965 | 6.4001 |
| May | 6.3586 | 4.3731 | 5.6241 |
| June | 4.3731 | 4.2363 | 4.2725 |
| July | 4.3620 | 4.2868 | 4.3246 |
| August | 4.6392 | 4.3073 | 4.4738 |
| September | 5.1540 | 4.3609 | 4.9023 |
| October | 5.2318 | 4.4468 | 4.8203 |
| November | 4.6971 | 4.5127 | 4.5782 |
| December | 4.7835 | 4.3643 | 4.7087 |