2023 GYD to GHS Historical Review

YEARLY HIGH

0.0611 GHS

YEARLY LOW

0.0399 GHS

YEARLY AVERAGE

0.0556 GHS

2023 GYD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0611. Conversely, the yearly low was recorded on January 1, dropping to 0.0399.

This high-to-low spread represents a total annual volatility of 0.0212 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0574, the exchange rate registered a net change of 5.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0611 was down 12.48% compared to the 2022 peak of 0.0699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GYD based on timing:

Yearly Peak High 306 GHS

2022 Average 215 GHS

Yearly Trough Low 199 GHS

Transaction Impact: A difference of 106.21 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0597

0.0530

JanuMarcMayJulySeptNove

GYD to GHS 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 0.0556, compared to 0.0556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0556

H2 Avg (Jul–Dec) 0.0556

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0193 GHS (High: 0.0592 / Low: 0.0399). On the other end, December was the most stable month, with a tight range of 0.0004 GHS (High: 0.0576 / Low: 0.0571).

January Spread (Volatile) ±0.0193

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0044 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0592) against the same month in 2022 (average: 0.0311), the exchange rate shifted by +0.0280 (+90.10%).

2023 Avg (February) 0.0592

2022 Avg (February) 0.0311

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0592	0.0399	0.0546
February	0.0611	0.0577	0.0592
March	0.0606	0.0552	0.0585
April	0.0569	0.0508	0.0541
May	0.0560	0.0503	0.0538
June	0.0544	0.0526	0.0536
July	0.0556	0.0535	0.0544
August	0.0546	0.0531	0.0539
September	0.0554	0.0544	0.0549
October	0.0569	0.0554	0.0562
November	0.0574	0.0566	0.0571
December	0.0576	0.0571	0.0574