2023 GHS to XCD Historical Review

YEARLY HIGH

0.3238 XCD

YEARLY LOW

0.2095 XCD

YEARLY AVERAGE

0.2317 XCD

2023 GHS to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3238. Conversely, the yearly low was recorded on February 23, dropping to 0.2095.

This high-to-low spread represents a total annual volatility of 0.1142 XCD. From a start-to-finish perspective, comparing the January average rate of 0.2383 to the December average rate of 0.2248, the exchange rate registered a net change of -5.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3238 was down 26.32% compared to the 2022 peak of 0.4394, 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 1,619 XCD

2022 Average 1,598 XCD

Yearly Trough Low 1,048 XCD

Transaction Impact: A difference of 571.12 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2420

0.2142

JanuMarcMayJulySeptNove

GHS to XCD 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 0.2312, compared to 0.2321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2312

H2 Avg (Jul–Dec) 0.2321

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1076 XCD (High: 0.3238 / Low: 0.2162). On the other end, December was the most stable month, with a tight range of 0.0025 XCD (High: 0.2259 / Low: 0.2234).

January Spread (Volatile) ±0.1076

December Spread (Stable) ±0.0025

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: 0.2383) against the same month in 2022 (average: 0.4348), the exchange rate shifted by -0.1965 (-45.18%).

2023 Avg (January) 0.2383

2022 Avg (January) 0.4348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3238	0.2162	0.2383
February	0.2223	0.2095	0.2165
March	0.2320	0.2113	0.2193
April	0.2513	0.2244	0.2365
May	0.2540	0.2281	0.2381
June	0.2427	0.2349	0.2387
July	0.2394	0.2325	0.2369
August	0.2420	0.2363	0.2396
September	0.2369	0.2326	0.2352
October	0.2330	0.2271	0.2298
November	0.2280	0.2251	0.2263
December	0.2259	0.2234	0.2248