YEARLY HIGH
0.0293 GHS
YEARLY LOW
0.0180 GHS
YEARLY AVERAGE
0.0256 GHS

2023 KZT to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.0293. Conversely, the yearly low was recorded on January 1, dropping to 0.0180.

This high-to-low spread represents a total annual volatility of 0.0113 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0248 to the December average rate of 0.0262, the exchange rate registered a net change of 5.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0293 was down 7.26% compared to the 2022 peak of 0.0316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147 GHS
2022 Average 97 GHS
Yearly Trough Low 90 GHS
Transaction Impact: A difference of 56.55 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0280
0.0242
JanuMarcMayJulySeptNove

KZT 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 0.0260, compared to 0.0253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0260
H2 Avg (Jul–Dec) 0.0253

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0091 GHS (High: 0.0271 / Low: 0.0180). On the other end, December was the most stable month, with a tight range of 0.0004 GHS (High: 0.0264 / Low: 0.0260).

January Spread (Volatile) ±0.0091
December 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 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0273) against the same month in 2022 (average: 0.0144), the exchange rate shifted by +0.0130 (+90.47%).

2023 Avg (March) 0.0273
2022 Avg (March) 0.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0271 0.0180 0.0248
February 0.0288 0.0266 0.0277
March 0.0293 0.0256 0.0273
April 0.0266 0.0239 0.0253
May 0.0266 0.0237 0.0255
June 0.0257 0.0248 0.0252
July 0.0261 0.0252 0.0256
August 0.0255 0.0244 0.0249
September 0.0250 0.0241 0.0245
October 0.0254 0.0243 0.0247
November 0.0261 0.0254 0.0258
December 0.0264 0.0260 0.0262