2023 GHS to PLN Historical Review

YEARLY HIGH

0.5239 PLN

YEARLY LOW

0.3237 PLN

YEARLY AVERAGE

0.3599 PLN

2023 GHS to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5239. Conversely, the yearly low was recorded on December 27, dropping to 0.3237.

This high-to-low spread represents a total annual volatility of 0.2003 PLN. From a start-to-finish perspective, comparing the January average rate of 0.3825 to the December average rate of 0.3299, the exchange rate registered a net change of -13.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5239 was down 20.41% compared to the 2022 peak of 0.6583, 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 2,620 PLN

2022 Average 2,609 PLN

Yearly Trough Low 1,618 PLN

Transaction Impact: A difference of 1,001.42 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3878

0.3247

JanuMarcMayJulySeptNove

GHS to PLN 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 0.3659, compared to 0.3539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.3659

H2 Avg (Jul–Dec) 0.3539

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1787 PLN (High: 0.5239 / Low: 0.3453). On the other end, August was the most stable month, with a tight range of 0.0104 PLN (High: 0.3667 / Low: 0.3564).

January Spread (Volatile) ±0.1787

August Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between February and April, 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 0.0273 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3825) against the same month in 2022 (average: 0.6472), the exchange rate shifted by -0.2646 (-40.89%).

2023 Avg (January) 0.3825

2022 Avg (January) 0.6472

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5239	0.3453	0.3825
February	0.3663	0.3451	0.3552
March	0.3705	0.3424	0.3554
April	0.3997	0.3476	0.3705
May	0.3966	0.3489	0.3682
June	0.3765	0.3529	0.3633
July	0.3623	0.3442	0.3523
August	0.3667	0.3564	0.3624
September	0.3808	0.3627	0.3751
October	0.3806	0.3524	0.3631
November	0.3544	0.3273	0.3407
December	0.3353	0.3237	0.3299