2023 GHS to SVC Historical Review

YEARLY HIGH

1.0484 SVC

YEARLY LOW

0.6783 SVC

YEARLY AVERAGE

0.7498 SVC

2023 GHS to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0484. Conversely, the yearly low was recorded on February 23, dropping to 0.6783.

This high-to-low spread represents a total annual volatility of 0.3701 SVC. From a start-to-finish perspective, comparing the January average rate of 0.7717 to the December average rate of 0.7286, the exchange rate registered a net change of -5.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0484 was down 26.33% compared to the 2022 peak of 1.4231, 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 5,242 SVC

2022 Average 5,175 SVC

Yearly Trough Low 3,392 SVC

Transaction Impact: A difference of 1,850.27 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7833

0.6937

JanuMarcMayJulySeptNove

GHS to SVC 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 0.7483, compared to 0.7512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.7483

H2 Avg (Jul–Dec) 0.7512

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3482 SVC (High: 1.0484 / Low: 0.7002). On the other end, December was the most stable month, with a tight range of 0.0049 SVC (High: 0.7313 / Low: 0.7264).

January Spread (Volatile) ±0.3482

December Spread (Stable) ±0.0049

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 0.0705 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7717) against the same month in 2022 (average: 1.4075), the exchange rate shifted by -0.6357 (-45.17%).

2023 Avg (January) 0.7717

2022 Avg (January) 1.4075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0484	0.7002	0.7717
February	0.7190	0.6783	0.7012
March	0.7495	0.6841	0.7088
April	0.8141	0.7269	0.7650
May	0.8224	0.7384	0.7706
June	0.7858	0.7604	0.7726
July	0.7753	0.7529	0.7661
August	0.7836	0.7655	0.7759
September	0.7676	0.7547	0.7615
October	0.7550	0.7349	0.7435
November	0.7341	0.7289	0.7318
December	0.7313	0.7264	0.7286