2023 LYD to GHS Historical Review

YEARLY HIGH

2.6774 GHS

YEARLY LOW

1.7292 GHS

YEARLY AVERAGE

2.4311 GHS

2023 LYD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.6774. Conversely, the yearly low was recorded on January 1, dropping to 1.7292.

This high-to-low spread represents a total annual volatility of 0.9482 GHS. From a start-to-finish perspective, comparing the January average rate of 2.3955 to the December average rate of 2.5005, the exchange rate registered a net change of 4.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6774 was down 10.47% compared to the 2022 peak of 2.9905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,387 GHS

2022 Average 9,327 GHS

Yearly Trough Low 8,646 GHS

Transaction Impact: A difference of 4,741.00 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6300

2.3193

JanuMarcMayJulySeptNove

LYD 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 2.4498, compared to 2.4125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0372 points.

H1 Avg (Jan–Jun) 2.4498

H2 Avg (Jul–Dec) 2.4125

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.9007 GHS (High: 2.6298 / Low: 1.7292). On the other end, September was the most stable month, with a tight range of 0.0215 GHS (High: 2.3771 / Low: 2.3556).

January Spread (Volatile) ±0.9007

September Spread (Stable) ±0.0215

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 0.1626 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.6041) against the same month in 2022 (average: 1.4183), the exchange rate shifted by +1.1858 (+83.61%).

2023 Avg (February) 2.6041

2022 Avg (February) 1.4183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6298	1.7292	2.3955
February	2.6774	2.5408	2.6041
March	2.6452	2.4372	2.5662
April	2.5306	2.2539	2.4035
May	2.4874	2.2193	2.3770
June	2.3989	2.3061	2.3523
July	2.4541	2.3598	2.3922
August	2.3696	2.3254	2.3452
September	2.3771	2.3556	2.3679
October	2.4322	2.3688	2.4046
November	2.5033	2.4367	2.4648
December	2.5261	2.4820	2.5005