2023 SDG to GHS Historical Review

YEARLY HIGH

0.0220 GHS

YEARLY LOW

0.0146 GHS

YEARLY AVERAGE

0.0196 GHS

2023 SDG to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0220. Conversely, the yearly low was recorded on January 1, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0073 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0198 to the December average rate of 0.0200, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0220 was down 14.67% compared to the 2022 peak of 0.0257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110 GHS

2022 Average 89 GHS

Yearly Trough Low 73 GHS

Transaction Impact: A difference of 36.74 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0216

0.0185

JanuMarcMayJulySeptNove

SDG 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 0.0198, compared to 0.0194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0198

H2 Avg (Jul–Dec) 0.0194

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0070 GHS (High: 0.0216 / Low: 0.0146). On the other end, December was the most stable month, with a tight range of 0.0002 GHS (High: 0.0201 / Low: 0.0199).

January Spread (Volatile) ±0.0070

December Spread (Stable) ±0.0002

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 0.0018 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0213) against the same month in 2022 (average: 0.0147), the exchange rate shifted by +0.0066 (+45.17%).

2023 Avg (February) 0.0213

2022 Avg (February) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0216	0.0146	0.0198
February	0.0220	0.0208	0.0213
March	0.0217	0.0196	0.0209
April	0.0207	0.0179	0.0191
May	0.0198	0.0177	0.0189
June	0.0191	0.0185	0.0188
July	0.0194	0.0188	0.0190
August	0.0190	0.0186	0.0188
September	0.0193	0.0190	0.0191
October	0.0198	0.0193	0.0196
November	0.0219	0.0198	0.0200
December	0.0201	0.0199	0.0200