2023 ALL to GHS Historical Review

YEARLY HIGH

0.1296 GHS

YEARLY LOW

0.0779 GHS

YEARLY AVERAGE

0.1164 GHS

2023 ALL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.1296. Conversely, the yearly low was recorded on January 1, dropping to 0.0779.

This high-to-low spread represents a total annual volatility of 0.0516 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1061 to the December average rate of 0.1277, the exchange rate registered a net change of 20.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1296 was down 0.43% compared to the 2022 peak of 0.1302, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 648 GHS

2022 Average 397 GHS

Yearly Trough Low 390 GHS

Transaction Impact: A difference of 258.25 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1298

0.1040

JanuMarcMayJulySeptNove

ALL 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 0.1124, compared to 0.1205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.1124

H2 Avg (Jul–Dec) 0.1205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0386 GHS (High: 0.1166 / Low: 0.0779). On the other end, September was the most stable month, with a tight range of 0.0024 GHS (High: 0.1159 / Low: 0.1135).

January Spread (Volatile) ±0.0386

September Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1221) against the same month in 2022 (average: 0.0708), the exchange rate shifted by +0.0514 (+72.55%).

2023 Avg (July) 0.1221

2022 Avg (July) 0.0708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1166	0.0779	0.1061
February	0.1188	0.1123	0.1155
March	0.1183	0.1117	0.1153
April	0.1188	0.1040	0.1118
May	0.1176	0.1022	0.1112
June	0.1180	0.1096	0.1144
July	0.1296	0.1161	0.1221
August	0.1219	0.1109	0.1165
September	0.1159	0.1135	0.1148
October	0.1200	0.1147	0.1175
November	0.1288	0.1192	0.1244
December	0.1293	0.1264	0.1277