YEARLY HIGH
0.0279 GHS
YEARLY LOW
0.0181 GHS
YEARLY AVERAGE
0.0257 GHS

2023 KMF to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0279. Conversely, the yearly low was recorded on January 1, dropping to 0.0181.

This high-to-low spread represents a total annual volatility of 0.0097 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0266, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0279 was down 9.60% compared to the 2022 peak of 0.0308, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139 GHS
2022 Average 96 GHS
Yearly Trough Low 91 GHS
Transaction Impact: A difference of 48.64 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0274
0.0247
JanuMarcMayJulySeptNove

KMF 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 0.0257, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0257
H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0094 GHS (High: 0.0276 / Low: 0.0181). On the other end, September was the most stable month, with a tight range of 0.0004 GHS (High: 0.0251 / Low: 0.0247).

January Spread (Volatile) ±0.0094
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0271) against the same month in 2022 (average: 0.0150), the exchange rate shifted by +0.0121 (+80.87%).

2023 Avg (February) 0.0271
2022 Avg (February) 0.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0276 0.0181 0.0251
February 0.0279 0.0264 0.0271
March 0.0277 0.0258 0.0268
April 0.0269 0.0238 0.0255
May 0.0266 0.0234 0.0251
June 0.0255 0.0243 0.0249
July 0.0265 0.0249 0.0256
August 0.0254 0.0248 0.0250
September 0.0251 0.0247 0.0249
October 0.0256 0.0247 0.0252
November 0.0268 0.0255 0.0262
December 0.0271 0.0262 0.0266