2023 LRD to GHS Historical Review

YEARLY HIGH

0.0837 GHS

YEARLY LOW

0.0540 GHS

YEARLY AVERAGE

0.0674 GHS

2023 LRD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.0837. Conversely, the yearly low was recorded on January 1, dropping to 0.0540.

This high-to-low spread represents a total annual volatility of 0.0297 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0737 to the December average rate of 0.0639, the exchange rate registered a net change of -13.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0837 was down 12.14% compared to the 2022 peak of 0.0952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 418 GHS

2022 Average 294 GHS

Yearly Trough Low 270 GHS

Transaction Impact: A difference of 148.25 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0817

0.0586

JanuMarcMayJulySeptNove

LRD 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 0.0723, compared to 0.0624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.0723

H2 Avg (Jul–Dec) 0.0624

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0259 GHS (High: 0.0800 / Low: 0.0540). On the other end, November was the most stable month, with a tight range of 0.0006 GHS (High: 0.0638 / Low: 0.0632).

January Spread (Volatile) ±0.0259

November Spread (Stable) ±0.0006

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 0.0072 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0798) against the same month in 2022 (average: 0.0424), the exchange rate shifted by +0.0375 (+88.43%).

2023 Avg (February) 0.0798

2022 Avg (February) 0.0424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0800	0.0540	0.0737
February	0.0837	0.0774	0.0798
March	0.0805	0.0718	0.0773
April	0.0739	0.0662	0.0701
May	0.0716	0.0636	0.0681
June	0.0666	0.0633	0.0649
July	0.0636	0.0610	0.0621
August	0.0615	0.0598	0.0605
September	0.0623	0.0613	0.0617
October	0.0635	0.0621	0.0629
November	0.0638	0.0632	0.0636
December	0.0645	0.0635	0.0639