2023 GHS to LYD Historical Review

YEARLY HIGH

0.5783 LYD

YEARLY LOW

0.3735 LYD

YEARLY AVERAGE

0.4123 LYD

2023 GHS to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5783. Conversely, the yearly low was recorded on February 23, dropping to 0.3735.

This high-to-low spread represents a total annual volatility of 0.2048 LYD. From a start-to-finish perspective, comparing the January average rate of 0.4219 to the December average rate of 0.3999, the exchange rate registered a net change of -5.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5783 was down 22.68% compared to the 2022 peak of 0.7480, 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 2,892 LYD

2022 Average 2,825 LYD

Yearly Trough Low 1,868 LYD

Transaction Impact: A difference of 1,024.06 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4306

0.3799

JanuMarcMayJulySeptNove

GHS to LYD 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 0.4099, compared to 0.4147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.4099

H2 Avg (Jul–Dec) 0.4147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1981 LYD (High: 0.5783 / Low: 0.3803). On the other end, September was the most stable month, with a tight range of 0.0038 LYD (High: 0.4245 / Low: 0.4207).

January Spread (Volatile) ±0.1981

September Spread (Stable) ±0.0038

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 0.0378 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4219) against the same month in 2022 (average: 0.7383), the exchange rate shifted by -0.3164 (-42.86%).

2023 Avg (January) 0.4219

2022 Avg (January) 0.7383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5783	0.3803	0.4219
February	0.3936	0.3735	0.3841
March	0.4103	0.3780	0.3898
April	0.4437	0.3952	0.4167
May	0.4506	0.4020	0.4214
June	0.4336	0.4168	0.4252
July	0.4238	0.4075	0.4181
August	0.4300	0.4220	0.4264
September	0.4245	0.4207	0.4223
October	0.4222	0.4111	0.4159
November	0.4104	0.3995	0.4057
December	0.4029	0.3959	0.3999