2023 GHS to TTD Historical Review

YEARLY HIGH

0.8142 TTD

YEARLY LOW

0.5265 TTD

YEARLY AVERAGE

0.5816 TTD

2023 GHS to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8142. Conversely, the yearly low was recorded on February 23, dropping to 0.5265.

This high-to-low spread represents a total annual volatility of 0.2877 TTD. From a start-to-finish perspective, comparing the January average rate of 0.5988 to the December average rate of 0.5655, the exchange rate registered a net change of -5.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8142 was down 26.37% compared to the 2022 peak of 1.1057, 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 4,071 TTD

2022 Average 4,015 TTD

Yearly Trough Low 2,632 TTD

Transaction Impact: A difference of 1,438.45 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6075

0.5384

JanuMarcMayJulySeptNove

GHS to TTD 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 0.5806, compared to 0.5827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.5806

H2 Avg (Jul–Dec) 0.5827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2710 TTD (High: 0.8142 / Low: 0.5432). On the other end, December was the most stable month, with a tight range of 0.0037 TTD (High: 0.5673 / Low: 0.5635).

January Spread (Volatile) ±0.2710

December Spread (Stable) ±0.0037

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 0.0547 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5988) against the same month in 2022 (average: 1.0923), the exchange rate shifted by -0.4935 (-45.18%).

2023 Avg (January) 0.5988

2022 Avg (January) 1.0923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8142	0.5432	0.5988
February	0.5577	0.5265	0.5441
March	0.5814	0.5304	0.5500
April	0.6306	0.5640	0.5935
May	0.6379	0.5724	0.5978
June	0.6091	0.5890	0.5990
July	0.6012	0.5840	0.5943
August	0.6074	0.5938	0.6017
September	0.5946	0.5853	0.5903
October	0.5856	0.5699	0.5768
November	0.5694	0.5652	0.5678
December	0.5673	0.5635	0.5655