2023 SEK to GHS Historical Review

YEARLY HIGH

1.2397 GHS

YEARLY LOW

0.8009 GHS

YEARLY AVERAGE

1.1029 GHS

2023 SEK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 1.2397. Conversely, the yearly low was recorded on January 1, dropping to 0.8009.

This high-to-low spread represents a total annual volatility of 0.4388 GHS. From a start-to-finish perspective, comparing the January average rate of 1.1026 to the December average rate of 1.1740, the exchange rate registered a net change of 6.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2397 was down 11.11% compared to the 2022 peak of 1.3947, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,199 GHS

2022 Average 4,413 GHS

Yearly Trough Low 4,005 GHS

Transaction Impact: A difference of 2,193.83 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2100

1.0199

JanuMarcMayJulySeptNove

SEK 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 1.1190, compared to 1.0868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 1.1190

H2 Avg (Jul–Dec) 1.0868

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4195 GHS (High: 1.2205 / Low: 0.8009). On the other end, October was the most stable month, with a tight range of 0.0338 GHS (High: 1.0827 / Low: 1.0489).

January Spread (Volatile) ±0.4195

October Spread (Stable) ±0.0338

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 0.0673 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.1942) against the same month in 2022 (average: 0.6993), the exchange rate shifted by +0.4949 (+70.77%).

2023 Avg (February) 1.1942

2022 Avg (February) 0.6993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2205	0.8009	1.1026
February	1.2397	1.1495	1.1942
March	1.2256	1.1225	1.1735
April	1.1683	1.0289	1.1062
May	1.1629	1.0073	1.0854
June	1.0724	1.0311	1.0524
July	1.1232	1.0370	1.0842
August	1.0722	1.0265	1.0411
September	1.0641	1.0267	1.0358
October	1.0827	1.0489	1.0668
November	1.1628	1.0674	1.1190
December	1.2088	1.1444	1.1740