2023 LSL to GHS Historical Review

YEARLY HIGH

0.7298 GHS

YEARLY LOW

0.4918 GHS

YEARLY AVERAGE

0.6343 GHS

2023 LSL to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.7298. Conversely, the yearly low was recorded on January 1, dropping to 0.4918.

This high-to-low spread represents a total annual volatility of 0.2380 GHS. From a start-to-finish perspective, comparing the January average rate of 0.6691 to the December average rate of 0.6440, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7298 was down 14.54% compared to the 2022 peak of 0.8539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,649 GHS

2022 Average 2,727 GHS

Yearly Trough Low 2,459 GHS

Transaction Impact: A difference of 1,189.80 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7074

0.5876

JanuMarcMayJulySeptNove

LSL 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 0.6459, compared to 0.6226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.6459

H2 Avg (Jul–Dec) 0.6226

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2380 GHS (High: 0.7298 / Low: 0.4918). On the other end, September was the most stable month, with a tight range of 0.0217 GHS (High: 0.6154 / Low: 0.5938).

January Spread (Volatile) ±0.2380

September Spread (Stable) ±0.0217

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 0.0441 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0441

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6691) against the same month in 2022 (average: 0.4016), the exchange rate shifted by +0.2675 (+66.62%).

2023 Avg (January) 0.6691

2022 Avg (January) 0.4016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7298	0.4918	0.6691
February	0.7161	0.6813	0.6975
March	0.7002	0.6519	0.6751
April	0.6625	0.5894	0.6310
May	0.6469	0.5492	0.5976
June	0.6260	0.5691	0.6051
July	0.6479	0.5951	0.6264
August	0.6291	0.5746	0.6000
September	0.6154	0.5938	0.6060
October	0.6332	0.6006	0.6172
November	0.6578	0.6099	0.6422
December	0.6625	0.6301	0.6440