YEARLY HIGH
0.0143 GHS
YEARLY LOW
0.0093 GHS
YEARLY AVERAGE
0.0130 GHS

2023 KPW to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0143. Conversely, the yearly low was recorded on January 1, dropping to 0.0093.

This high-to-low spread represents a total annual volatility of 0.0051 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0127 to the December average rate of 0.0134, the exchange rate registered a net change of 5.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0143 was down 11.82% compared to the 2022 peak of 0.0163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72 GHS
2022 Average 50 GHS
Yearly Trough Low 46 GHS
Transaction Impact: A difference of 25.28 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0140
0.0124
JanuMarcMayJulySeptNove

KPW 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 0.0130, compared to 0.0129 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) 0.0130
H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0046 GHS (High: 0.0139 / Low: 0.0093). On the other end, December was the most stable month, with a tight range of 0.0001 GHS (High: 0.0134 / Low: 0.0133).

January Spread (Volatile) ±0.0046
December Spread (Stable) ±0.0001

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 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0139) against the same month in 2022 (average: 0.0072), the exchange rate shifted by +0.0066 (+91.79%).

2023 Avg (February) 0.0139
2022 Avg (February) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0139 0.0093 0.0127
February 0.0143 0.0135 0.0139
March 0.0142 0.0129 0.0137
April 0.0134 0.0120 0.0127
May 0.0132 0.0118 0.0126
June 0.0128 0.0124 0.0126
July 0.0129 0.0125 0.0127
August 0.0127 0.0124 0.0125
September 0.0129 0.0127 0.0128
October 0.0132 0.0129 0.0131
November 0.0133 0.0132 0.0133
December 0.0134 0.0133 0.0134