2023 GHS to PYG Historical Review

YEARLY HIGH

882.2487 PYG

YEARLY LOW

565.8642 PYG

YEARLY AVERAGE

624.6828 PYG

2023 GHS to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 882.2487. Conversely, the yearly low was recorded on February 27, dropping to 565.8642.

This high-to-low spread represents a total annual volatility of 316.3845 PYG. From a start-to-finish perspective, comparing the January average rate of 650.3020 to the December average rate of 612.1103, the exchange rate registered a net change of -5.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 882.2487 was down 22.22% compared to the 2022 peak of 1134.2398, 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 4,411,243 PYG

2022 Average 4,117,324 PYG

Yearly Trough Low 2,829,321 PYG

Transaction Impact: A difference of 1,581,922.47 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

657.0209

576.3946

JanuMarcMayJulySeptNove

GHS to PYG 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 619.9759, compared to 629.3898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.4139 points.

H1 Avg (Jan–Jun) 619.9759

H2 Avg (Jul–Dec) 629.3898

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 292.1643 PYG (High: 882.2487 / Low: 590.0844). On the other end, November was the most stable month, with a tight range of 7.1117 PYG (High: 626.1552 / Low: 619.0435).

January Spread (Volatile) ±292.1643

November Spread (Stable) ±7.1117

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 65.2469 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -65.2469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 650.3020) against the same month in 2022 (average: 1120.4528), the exchange rate shifted by -470.1508 (-41.96%).

2023 Avg (January) 650.3020

2022 Avg (January) 1120.4528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	882.2487	590.0844	650.3020
February	599.1367	565.8642	585.0552
March	613.4008	569.3877	583.1135
April	666.3769	592.2296	626.5761
May	677.0284	605.1419	634.5592
June	650.1314	631.0773	640.2491
July	643.2096	626.1094	636.6420
August	651.2328	636.8044	644.8575
September	637.9157	629.3744	633.2661
October	631.9018	621.5031	626.7550
November	626.1552	619.0435	622.7078
December	620.1833	606.7512	612.1103