2023 GHS to SEK Historical Review

YEARLY HIGH

1.2485 SEK

YEARLY LOW

0.8066 SEK

YEARLY AVERAGE

0.9101 SEK

2023 GHS to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.2485. Conversely, the yearly low was recorded on February 27, dropping to 0.8066.

This high-to-low spread represents a total annual volatility of 0.4419 SEK. From a start-to-finish perspective, comparing the January average rate of 0.9170 to the December average rate of 0.8521, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2485 was down 16.89% compared to the 2022 peak of 1.5023, 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 6,243 SEK

2022 Average 5,913 SEK

Yearly Trough Low 4,033 SEK

Transaction Impact: A difference of 2,209.42 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9783

0.8251

JanuMarcMayJulySeptNove

GHS to SEK 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 0.8980, compared to 0.9222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0242 points.

H1 Avg (Jan–Jun) 0.8980

H2 Avg (Jul–Dec) 0.9222

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4292 SEK (High: 1.2485 / Low: 0.8193). On the other end, October was the most stable month, with a tight range of 0.0297 SEK (High: 0.9534 / Low: 0.9236).

January Spread (Volatile) ±0.4292

October Spread (Stable) ±0.0297

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 0.0791 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0791

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9170) against the same month in 2022 (average: 1.4723), the exchange rate shifted by -0.5553 (-37.72%).

2023 Avg (January) 0.9170

2022 Avg (January) 1.4723

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2485	0.8193	0.9170
February	0.8699	0.8066	0.8379
March	0.8909	0.8159	0.8526
April	0.9719	0.8560	0.9058
May	0.9928	0.8599	0.9241
June	0.9698	0.9325	0.9504
July	0.9643	0.8903	0.9230
August	0.9741	0.9327	0.9607
September	0.9740	0.9398	0.9655
October	0.9534	0.9236	0.9374
November	0.9368	0.8600	0.8942
December	0.8738	0.8272	0.8521