2023 GHS to WST Historical Review

YEARLY HIGH

0.3232 WST

YEARLY LOW

0.2092 WST

YEARLY AVERAGE

0.2342 WST

2023 GHS to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3232. Conversely, the yearly low was recorded on February 23, dropping to 0.2092.

This high-to-low spread represents a total annual volatility of 0.1140 WST. From a start-to-finish perspective, comparing the January average rate of 0.2379 to the December average rate of 0.2329, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3232 was down 23.59% compared to the 2022 peak of 0.4230, 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 1,616 WST

2022 Average 1,573 WST

Yearly Trough Low 1,046 WST

Transaction Impact: A difference of 570.06 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2436

0.2137

JanuMarcMayJulySeptNove

GHS to WST 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 0.2321, compared to 0.2363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.2321

H2 Avg (Jul–Dec) 0.2363

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1074 WST (High: 0.3232 / Low: 0.2158). On the other end, December was the most stable month, with a tight range of 0.0026 WST (High: 0.2340 / Low: 0.2315).

January Spread (Volatile) ±0.1074

December Spread (Stable) ±0.0026

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 0.0218 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2379) against the same month in 2022 (average: 0.4185), the exchange rate shifted by -0.1806 (-43.15%).

2023 Avg (January) 0.2379

2022 Avg (January) 0.4185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3232	0.2158	0.2379
February	0.2218	0.2092	0.2161
March	0.2339	0.2109	0.2189
April	0.2534	0.2263	0.2386
May	0.2561	0.2300	0.2401
June	0.2447	0.2369	0.2407
July	0.2415	0.2345	0.2388
August	0.2434	0.2377	0.2411
September	0.2383	0.2340	0.2366
October	0.2383	0.2309	0.2338
November	0.2362	0.2333	0.2345
December	0.2340	0.2315	0.2329