YEARLY HIGH
0.0008 GHS
YEARLY LOW
0.0005 GHS
YEARLY AVERAGE
0.0006 GHS

2023 LAK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0008. Conversely, the yearly low was recorded on January 1, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0003 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0006, the exchange rate registered a net change of -13.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0008 was down 10.79% compared to the 2022 peak of 0.0009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4 GHS
2022 Average 3 GHS
Yearly Trough Low 2 GHS
Transaction Impact: A difference of 1.41 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0008
0.0006
JanuMarcMayJulySeptNove

LAK 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 0.0007, compared to 0.0006 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) 0.0007
H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 GHS (High: 0.0007 / Low: 0.0005). On the other end, November was the most stable month, with a tight range of 0.0000 GHS (High: 0.0006 / Low: 0.0006).

January Spread (Volatile) ±0.0003
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0007) against the same month in 2022 (average: 0.0006), the exchange rate shifted by +0.0002 (+29.55%).

2023 Avg (February) 0.0007
2022 Avg (February) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0007 0.0005 0.0007
February 0.0008 0.0007 0.0007
March 0.0008 0.0007 0.0007
April 0.0007 0.0006 0.0007
May 0.0007 0.0006 0.0006
June 0.0006 0.0006 0.0006
July 0.0006 0.0006 0.0006
August 0.0006 0.0006 0.0006
September 0.0006 0.0006 0.0006
October 0.0006 0.0006 0.0006
November 0.0006 0.0006 0.0006
December 0.0006 0.0006 0.0006