2023 GHS to SDG Historical Review

YEARLY HIGH

68.4656 SDG

YEARLY LOW

45.5515 SDG

YEARLY AVERAGE

51.1231 SDG

2023 GHS to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 68.4656. Conversely, the yearly low was recorded on February 23, dropping to 45.5515.

This high-to-low spread represents a total annual volatility of 22.9141 SDG. From a start-to-finish perspective, comparing the January average rate of 50.8477 to the December average rate of 49.9938, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 68.4656 was down 3.76% compared to the 2022 peak of 71.1382, 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 342,328 SDG

2022 Average 287,980 SDG

Yearly Trough Low 227,758 SDG

Transaction Impact: A difference of 114,570.33 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

53.9640

46.2792

JanuMarcMayJulySeptNove

GHS to SDG 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 50.6519, compared to 51.5943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9425 points.

H1 Avg (Jan–Jun) 50.6519

H2 Avg (Jul–Dec) 51.5943

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 22.2108 SDG (High: 68.4656 / Low: 46.2548). On the other end, December was the most stable month, with a tight range of 0.5477 SDG (High: 50.2277 / Low: 49.6799).

January Spread (Volatile) ±22.2108

December Spread (Stable) ±0.5477

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 3.9282 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.9282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 50.8477) against the same month in 2022 (average: 70.5147), the exchange rate shifted by -19.6670 (-27.89%).

2023 Avg (January) 50.8477

2022 Avg (January) 70.5147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	68.4656	46.2548	50.8477
February	48.1091	45.5515	46.9196
March	51.1159	46.0928	47.8423
April	55.7844	48.2291	52.3330
May	56.4757	50.5995	52.8761
June	53.9618	52.2772	53.0925
July	53.2041	51.6616	52.6904
August	53.8624	52.5899	53.3236
September	52.7295	51.7664	52.3374
October	51.7882	50.4704	51.0975
November	50.5828	45.6672	50.1231
December	50.2277	49.6799	49.9938