2023 GHS to BZD Historical Review

YEARLY HIGH

0.2415 BZD

YEARLY LOW

0.1563 BZD

YEARLY AVERAGE

0.1727 BZD

2023 GHS to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2415. Conversely, the yearly low was recorded on February 23, dropping to 0.1563.

This high-to-low spread represents a total annual volatility of 0.0852 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1778 to the December average rate of 0.1678, the exchange rate registered a net change of -5.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2415 was down 26.33% compared to the 2022 peak of 0.3278, 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 1,207 BZD

2022 Average 1,192 BZD

Yearly Trough Low 781 BZD

Transaction Impact: A difference of 426.21 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1805

0.1598

JanuMarcMayJulySeptNove

GHS to BZD 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 0.1724, compared to 0.1731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1724

H2 Avg (Jul–Dec) 0.1731

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0802 BZD (High: 0.2415 / Low: 0.1613). On the other end, December was the most stable month, with a tight range of 0.0012 BZD (High: 0.1685 / Low: 0.1673).

January Spread (Volatile) ±0.0802

December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0162 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1778) against the same month in 2022 (average: 0.3242), the exchange rate shifted by -0.1465 (-45.17%).

2023 Avg (January) 0.1778

2022 Avg (January) 0.3242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2415	0.1613	0.1778
February	0.1656	0.1563	0.1615
March	0.1729	0.1576	0.1631
April	0.1875	0.1675	0.1762
May	0.1895	0.1701	0.1775
June	0.1810	0.1752	0.1780
July	0.1786	0.1734	0.1765
August	0.1805	0.1764	0.1787
September	0.1768	0.1738	0.1754
October	0.1739	0.1693	0.1713
November	0.1691	0.1679	0.1686
December	0.1685	0.1673	0.1678