2023 RSD to GHS Historical Review

YEARLY HIGH

0.1165 GHS

YEARLY LOW

0.0762 GHS

YEARLY AVERAGE

0.1079 GHS

2023 RSD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.1165. Conversely, the yearly low was recorded on January 1, dropping to 0.0762.

This high-to-low spread represents a total annual volatility of 0.0403 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1053 to the December average rate of 0.1120, the exchange rate registered a net change of 6.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1165 was down 9.64% compared to the 2022 peak of 0.1290, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 583 GHS

2022 Average 401 GHS

Yearly Trough Low 381 GHS

Transaction Impact: A difference of 201.46 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1148

0.1037

JanuMarcMayJulySeptNove

RSD 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 0.1082, compared to 0.1076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1082

H2 Avg (Jul–Dec) 0.1076

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0396 GHS (High: 0.1158 / Low: 0.0762). On the other end, September was the most stable month, with a tight range of 0.0013 GHS (High: 0.1051 / Low: 0.1037).

January Spread (Volatile) ±0.0396

September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1139) against the same month in 2022 (average: 0.0628), the exchange rate shifted by +0.0511 (+81.33%).

2023 Avg (February) 0.1139

2022 Avg (February) 0.0628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1158	0.0762	0.1053
February	0.1165	0.1112	0.1139
March	0.1164	0.1077	0.1126
April	0.1127	0.1000	0.1071
May	0.1118	0.0978	0.1053
June	0.1075	0.1019	0.1048
July	0.1104	0.1052	0.1076
August	0.1066	0.1039	0.1049
September	0.1051	0.1037	0.1046
October	0.1077	0.1036	0.1060
November	0.1125	0.1076	0.1102
December	0.1139	0.1103	0.1120