2022 TRY to GHS Historical Review

YEARLY HIGH

0.7854 GHS

YEARLY LOW

0.4436 GHS

YEARLY AVERAGE

0.5371 GHS

2022 TRY to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.7854. Conversely, the yearly low was recorded on January 8, dropping to 0.4436.

This high-to-low spread represents a total annual volatility of 0.3418 GHS. From a start-to-finish perspective, comparing the January average rate of 0.4595 to the December average rate of 0.5967, the exchange rate registered a net change of 29.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7854 was down 5.70% compared to the 2021 peak of 0.8328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,270 GHS

2021 Average 34,205 GHS

Yearly Trough Low 22,178 GHS

Transaction Impact: A difference of 17,091.74 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8017

0.4284

JanuMarcMayJulySeptNove

TRY 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 0.4834, compared to 0.5907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1073 points.

H1 Avg (Jan–Jun) 0.4834

H2 Avg (Jul–Dec) 0.5907

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.3107 GHS (High: 0.7567 / Low: 0.4460). On the other end, April was the most stable month, with a tight range of 0.0162 GHS (High: 0.5213 / Low: 0.5051).

December Spread (Volatile) ±0.3107

April Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1739 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.7706) against the same month in 2021 (average: 0.5729), the exchange rate shifted by +0.1977 (+34.51%).

2022 Avg (November) 0.7706

2021 Avg (November) 0.5729

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4734	0.4436	0.4595
February	0.4919	0.4659	0.4770
March	0.5188	0.4748	0.4943
April	0.5213	0.5051	0.5125
May	0.5114	0.4749	0.4899
June	0.4832	0.4579	0.4674
July	0.4817	0.4566	0.4672
August	0.5528	0.4733	0.5174
September	0.5648	0.5449	0.5522
October	0.7563	0.5553	0.6403
November	0.7854	0.7354	0.7706
December	0.7567	0.4460	0.5967