2026 TOP to GHS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2026.
2026 TOP to GHS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2026
During 2026, the TOP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 4.9087. Conversely, the yearly low was recorded on January 3, dropping to 4.3474.
This high-to-low spread represents a total annual volatility of 0.5613 GHS. From a start-to-finish perspective, comparing the January average rate of 4.4725 to the December average rate of 4.8433, the exchange rate registered a net change of 8.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2026 high of 4.9087 was down 23.90% compared to the 2025 peak of 6.4504, 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 2026.
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 4.5530, compared to 4.8110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2580 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2026 was June, with a trading range of 0.4632 GHS (High: 4.9087 / Low: 4.4455). On the other end, August was the most stable month, with a tight range of 0.0072 GHS (High: 4.8479 / Low: 4.8407).
Growth Streaks & Declines
TrendsBetween May and August, 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 April and May, when the average rate fell by 0.1072 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2026: 4.7287) against the same month in 2025 (average: 4.2725), the exchange rate shifted by +0.4562 (+10.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.5457 | 4.3474 | 4.4725 |
| February | 4.5780 | 4.4142 | 4.5397 |
| March | 4.5687 | 4.4224 | 4.5099 |
| April | 4.6267 | 4.5621 | 4.5871 |
| May | 4.6516 | 4.4455 | 4.4799 |
| June | 4.9087 | 4.4455 | 4.7287 |
| July | 4.8432 | 4.7017 | 4.7787 |
| August | 4.8479 | 4.8407 | 4.8433 |