2023 CRC to GHS Historical Review

YEARLY HIGH

0.0231 GHS

YEARLY LOW

0.0141 GHS

YEARLY AVERAGE

0.0216 GHS

2023 CRC to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0231. Conversely, the yearly low was recorded on January 1, dropping to 0.0141.

This high-to-low spread represents a total annual volatility of 0.0090 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0200 to the December average rate of 0.0229, the exchange rate registered a net change of 14.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0231 was down 4.55% compared to the 2022 peak of 0.0242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116 GHS

2022 Average 70 GHS

Yearly Trough Low 71 GHS

Transaction Impact: A difference of 45.08 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0232

0.0197

JanuMarcMayJulySeptNove

CRC 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 0.0214, compared to 0.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0214

H2 Avg (Jul–Dec) 0.0218

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0083 GHS (High: 0.0224 / Low: 0.0141). On the other end, November was the most stable month, with a tight range of 0.0003 GHS (High: 0.0227 / Low: 0.0224).

January Spread (Volatile) ±0.0083

November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0221) against the same month in 2022 (average: 0.0102), the exchange rate shifted by +0.0120 (+117.75%).

2023 Avg (February) 0.0221

2022 Avg (February) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0224	0.0141	0.0200
February	0.0231	0.0209	0.0221
March	0.0229	0.0216	0.0226
April	0.0225	0.0200	0.0214
May	0.0220	0.0199	0.0211
June	0.0213	0.0207	0.0210
July	0.0217	0.0208	0.0211
August	0.0212	0.0205	0.0210
September	0.0217	0.0212	0.0215
October	0.0224	0.0217	0.0221
November	0.0227	0.0224	0.0225
December	0.0231	0.0227	0.0229