YEARLY HIGH
0.0032 GHS
YEARLY LOW
0.0020 GHS
YEARLY AVERAGE
0.0028 GHS

2023 KHR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.0032. Conversely, the yearly low was recorded on January 1, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0012 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0029, the exchange rate registered a net change of 5.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0032 was down 9.75% compared to the 2022 peak of 0.0035, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16 GHS
2022 Average 11 GHS
Yearly Trough Low 10 GHS
Transaction Impact: A difference of 5.79 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0031
0.0027
JanuMarcMayJulySeptNove

KHR 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 0.0029, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0029
H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0010 GHS (High: 0.0030 / Low: 0.0020). On the other end, December was the most stable month, with a tight range of 0.0000 GHS (High: 0.0029 / Low: 0.0029).

January Spread (Volatile) ±0.0010
December Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0031) against the same month in 2022 (average: 0.0016), the exchange rate shifted by +0.0015 (+90.96%).

2023 Avg (February) 0.0031
2022 Avg (February) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0030 0.0020 0.0028
February 0.0032 0.0030 0.0031
March 0.0032 0.0029 0.0030
April 0.0030 0.0027 0.0028
May 0.0029 0.0026 0.0028
June 0.0028 0.0027 0.0027
July 0.0028 0.0027 0.0028
August 0.0028 0.0027 0.0027
September 0.0028 0.0027 0.0028
October 0.0029 0.0028 0.0028
November 0.0029 0.0029 0.0029
December 0.0029 0.0029 0.0029