2023 GHS to LKR Historical Review

YEARLY HIGH

44.0300 LKR

YEARLY LOW

25.7854 LKR

YEARLY AVERAGE

28.1436 LKR

2023 GHS to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 44.0300. Conversely, the yearly low was recorded on June 5, dropping to 25.7854.

This high-to-low spread represents a total annual volatility of 18.2446 LKR. From a start-to-finish perspective, comparing the January average rate of 32.2583 to the December average rate of 27.1795, the exchange rate registered a net change of -15.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 44.0300 was down 8.29% compared to the 2022 peak of 48.0101, 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 220,150 LKR

2022 Average 185,235 LKR

Yearly Trough Low 128,927 LKR

Transaction Impact: A difference of 91,222.82 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.8117

26.1707

JanuMarcMayJulySeptNove

GHS to LKR 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 28.4687, compared to 27.8184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6503 points.

H1 Avg (Jan–Jun) 28.4687

H2 Avg (Jul–Dec) 27.8184

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 14.9026 LKR (High: 44.0300 / Low: 29.1274). On the other end, November was the most stable month, with a tight range of 0.2590 LKR (High: 27.6005 / Low: 27.3415).

January Spread (Volatile) ±14.9026

November Spread (Stable) ±0.2590

Growth Streaks & Declines

Trends

Between June and August, 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 3.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 32.2583) against the same month in 2022 (average: 32.5853), the exchange rate shifted by -0.3270 (-1.00%).

2023 Avg (January) 32.2583

2022 Avg (January) 32.5853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.0300	29.1274	32.2583
February	30.0324	28.1856	29.2529
March	29.8048	25.9110	27.1184
April	29.9941	26.7521	28.1759
May	28.9046	25.9407	27.2829
June	28.2450	25.7854	26.7241
July	29.1973	26.9020	27.9914
August	28.9942	27.9960	28.5318
September	28.3483	27.9660	28.1315
October	27.9932	27.4883	27.6318
November	27.6005	27.3415	27.4447
December	27.3643	26.9296	27.1795