2023 LKR to GHS Historical Review

YEARLY HIGH

0.0388 GHS

YEARLY LOW

0.0227 GHS

YEARLY AVERAGE

0.0357 GHS

2023 LKR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0388. Conversely, the yearly low was recorded on January 1, dropping to 0.0227.

This high-to-low spread represents a total annual volatility of 0.0161 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0313 to the December average rate of 0.0368, the exchange rate registered a net change of 17.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0388 was down 2.49% compared to the 2022 peak of 0.0398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 194 GHS

2022 Average 140 GHS

Yearly Trough Low 114 GHS

Transaction Impact: A difference of 80.35 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0381

0.0307

JanuMarcMayJulySeptNove

LKR 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 0.0353, compared to 0.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0353

H2 Avg (Jul–Dec) 0.0360

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0116 GHS (High: 0.0343 / Low: 0.0227). On the other end, November was the most stable month, with a tight range of 0.0003 GHS (High: 0.0366 / Low: 0.0362).

January Spread (Volatile) ±0.0116

November Spread (Stable) ±0.0003

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 June and July, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0374) against the same month in 2022 (average: 0.0220), the exchange rate shifted by +0.0154 (+69.85%).

2023 Avg (June) 0.0374

2022 Avg (June) 0.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0343	0.0227	0.0313
February	0.0355	0.0333	0.0342
March	0.0386	0.0336	0.0369
April	0.0374	0.0333	0.0355
May	0.0385	0.0346	0.0367
June	0.0388	0.0354	0.0374
July	0.0372	0.0342	0.0357
August	0.0357	0.0345	0.0351
September	0.0358	0.0353	0.0355
October	0.0364	0.0357	0.0362
November	0.0366	0.0362	0.0364
December	0.0371	0.0365	0.0368