2023 GHS to XDR Historical Review

YEARLY HIGH

0.0900 XDR

YEARLY LOW

0.0582 XDR

YEARLY AVERAGE

0.0642 XDR

2023 GHS to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0900. Conversely, the yearly low was recorded on February 23, dropping to 0.0582.

This high-to-low spread represents a total annual volatility of 0.0319 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0657 to the December average rate of 0.0624, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0900 was down 22.36% compared to the 2022 peak of 0.1160, 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 450 XDR

2022 Average 430 XDR

Yearly Trough Low 291 XDR

Transaction Impact: A difference of 159.26 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0671

0.0592

JanuMarcMayJulySeptNove

GHS to XDR 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 0.0638, compared to 0.0647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0638

H2 Avg (Jul–Dec) 0.0647

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0309 XDR (High: 0.0900 / Low: 0.0592). On the other end, September was the most stable month, with a tight range of 0.0005 XDR (High: 0.0661 / Low: 0.0656).

January Spread (Volatile) ±0.0309

September Spread (Stable) ±0.0005

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 0.0059 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0657) against the same month in 2022 (average: 0.1147), the exchange rate shifted by -0.0490 (-42.72%).

2023 Avg (January) 0.0657

2022 Avg (January) 0.1147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0900	0.0592	0.0657
February	0.0613	0.0582	0.0598
March	0.0638	0.0588	0.0608
April	0.0691	0.0616	0.0649
May	0.0699	0.0626	0.0655
June	0.0674	0.0648	0.0662
July	0.0664	0.0635	0.0652
August	0.0670	0.0657	0.0664
September	0.0661	0.0656	0.0658
October	0.0658	0.0640	0.0647
November	0.0640	0.0626	0.0633
December	0.0627	0.0620	0.0624