YEARLY HIGH
0.1108 CHF
YEARLY LOW
0.0701 CHF
YEARLY AVERAGE
0.0770 CHF

2023 GHS to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1108. Conversely, the yearly low was recorded on December 28, dropping to 0.0701.

This high-to-low spread represents a total annual volatility of 0.0407 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0815 to the December average rate of 0.0719, the exchange rate registered a net change of -11.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1108 was down 26.12% compared to the 2022 peak of 0.1499, 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 554 CHF
2022 Average 563 CHF
Yearly Trough Low 350 CHF
Transaction Impact: A difference of 203.43 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0825
0.0709
JanuMarcMayJulySeptNove

GHS to CHF 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 0.0780, compared to 0.0760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0780
H2 Avg (Jul–Dec) 0.0760

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0370 CHF (High: 0.1108 / Low: 0.0738). On the other end, August was the most stable month, with a tight range of 0.0018 CHF (High: 0.0785 / Low: 0.0768).

January Spread (Volatile) ±0.0370
August Spread (Stable) ±0.0018

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 0.0073 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0815) against the same month in 2022 (average: 0.1478), the exchange rate shifted by -0.0663 (-44.85%).

2023 Avg (January) 0.0815
2022 Avg (January) 0.1478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1108 0.0738 0.0815
February 0.0758 0.0724 0.0742
March 0.0785 0.0735 0.0751
April 0.0843 0.0744 0.0787
May 0.0850 0.0746 0.0792
June 0.0816 0.0777 0.0795
July 0.0791 0.0745 0.0766
August 0.0785 0.0768 0.0779
September 0.0795 0.0775 0.0783
October 0.0793 0.0756 0.0768
November 0.0761 0.0728 0.0746
December 0.0733 0.0701 0.0719