YEARLY HIGH
2073.2520 LAK
YEARLY LOW
1307.3012 LAK
YEARLY AVERAGE
1602.2059 LAK

2023 GHS to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2073.2520. Conversely, the yearly low was recorded on February 23, dropping to 1307.3012.

This high-to-low spread represents a total annual volatility of 765.9508 LAK. From a start-to-finish perspective, comparing the January average rate of 1499.7801 to the December average rate of 1718.1427, the exchange rate registered a net change of 14.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2073.2520 was down 0.23% compared to the 2022 peak of 2078.0836, 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 10,366,260 LAK
2022 Average 8,166,460 LAK
Yearly Trough Low 6,536,506 LAK
Transaction Impact: A difference of 3,829,753.80 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1791.3539
1312.2272
JanuMarcMayJulySeptNove

GHS to LAK 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 1481.8654, compared to 1722.5463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 240.6810 points.

H1 Avg (Jan–Jun) 1481.8654
H2 Avg (Jul–Dec) 1722.5463

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 726.4520 LAK (High: 2073.2520 / Low: 1346.8000). On the other end, November was the most stable month, with a tight range of 16.7418 LAK (High: 1739.7901 / Low: 1723.0483).

January Spread (Volatile) ±726.4520
November Spread (Stable) ±16.7418

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 147.6257 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -147.6257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1499.7801) against the same month in 2022 (average: 1814.6352), the exchange rate shifted by -314.8551 (-17.35%).

2023 Avg (January) 1499.7801
2022 Avg (January) 1814.6352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2073.2520 1346.8000 1499.7801
February 1387.9053 1307.3012 1352.1544
March 1459.6567 1321.7954 1369.1081
April 1595.3596 1428.7288 1500.4990
May 1651.4719 1465.3772 1546.7016
June 1658.1501 1572.7703 1622.9491
July 1702.1580 1637.9913 1674.8929
August 1740.5342 1697.9327 1724.0052
September 1758.5263 1716.8412 1734.3235
October 1761.4697 1740.1799 1751.4267
November 1739.7901 1723.0483 1732.4870
December 1728.2970 1707.1649 1718.1427