2023 GHS to BRL Historical Review

YEARLY HIGH

0.6333 BRL

YEARLY LOW

0.3984 BRL

YEARLY AVERAGE

0.4280 BRL

2023 GHS to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6333. Conversely, the yearly low was recorded on February 23, dropping to 0.3984.

This high-to-low spread represents a total annual volatility of 0.2350 BRL. From a start-to-finish perspective, comparing the January average rate of 0.4582 to the December average rate of 0.4074, the exchange rate registered a net change of -11.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6333 was down 31.49% compared to the 2022 peak of 0.9244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,167 BRL

2022 Average 3,051 BRL

Yearly Trough Low 1,992 BRL

Transaction Impact: A difference of 1,174.77 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4633

0.4023

JanuMarcMayJulySeptNove

GHS to BRL 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 0.4337, compared to 0.4224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.4337

H2 Avg (Jul–Dec) 0.4224

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2250 BRL (High: 0.6333 / Low: 0.4083). On the other end, November was the most stable month, with a tight range of 0.0101 BRL (High: 0.4160 / Low: 0.4059).

January Spread (Volatile) ±0.2250

November Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0432 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4582) against the same month in 2022 (average: 0.8887), the exchange rate shifted by -0.4305 (-48.44%).

2023 Avg (January) 0.4582

2022 Avg (January) 0.8887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6333	0.4083	0.4582
February	0.4351	0.3984	0.4150
March	0.4346	0.4050	0.4227
April	0.4693	0.4120	0.4390
May	0.4666	0.4188	0.4385
June	0.4453	0.4166	0.4285
July	0.4329	0.4081	0.4207
August	0.4452	0.4229	0.4352
September	0.4364	0.4221	0.4305
October	0.4447	0.4208	0.4305
November	0.4160	0.4059	0.4104
December	0.4128	0.4003	0.4074