2023 GHS to SLL Historical Review

YEARLY HIGH

2116.2636 SLL

YEARLY LOW

1369.6471 SLL

YEARLY AVERAGE

1635.2580 SLL

2023 GHS to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2116.2636. Conversely, the yearly low was recorded on February 23, dropping to 1369.6471.

This high-to-low spread represents a total annual volatility of 746.6165 SLL. From a start-to-finish perspective, comparing the January average rate of 1557.9018 to the December average rate of 1744.3351, the exchange rate registered a net change of 11.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2116.2636 was up 0.00% compared to the 2022 peak of 2116.2636, 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 10,581,318 SLL

2022 Average 7,856,958 SLL

Yearly Trough Low 6,848,235 SLL

Transaction Impact: A difference of 3,733,082.34 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1903.8677

1371.0605

JanuMarcMayJulySeptNove

GHS to SLL 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 1511.5066, compared to 1759.0094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 247.5028 points.

H1 Avg (Jan–Jun) 1511.5066

H2 Avg (Jul–Dec) 1759.0094

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 703.0636 SLL (High: 2116.2636 / Low: 1413.2000). On the other end, December was the most stable month, with a tight range of 19.1115 SLL (High: 1752.4952 / Low: 1733.3837).

January Spread (Volatile) ±703.0636

December Spread (Stable) ±19.1115

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 142.4407 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -142.4407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1557.9018) against the same month in 2022 (average: 1825.9502), the exchange rate shifted by -268.0484 (-14.68%).

2023 Avg (January) 1557.9018

2022 Avg (January) 1825.9502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2116.2636	1413.2000	1557.9018
February	1452.7315	1369.6471	1415.4611
March	1516.3090	1381.2188	1433.1226
April	1642.3866	1466.8779	1546.1309
May	1659.9727	1490.9757	1556.4520
June	1586.0831	1535.2902	1559.9710
July	1848.1863	1519.7385	1586.0228
August	1877.7506	1833.3909	1859.4671
September	1838.2575	1804.6795	1825.2966
October	1807.8732	1762.4294	1783.0817
November	1769.3005	1746.9345	1755.8528
December	1752.4952	1733.3837	1744.3351