YEARLY HIGH
0.1559 GHS
YEARLY LOW
0.1011 GHS
YEARLY AVERAGE
0.1416 GHS

2023 BTN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.1559. Conversely, the yearly low was recorded on January 1, dropping to 0.1011.

This high-to-low spread represents a total annual volatility of 0.0549 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1400 to the December average rate of 0.1443, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1559 was down 13.13% compared to the 2022 peak of 0.1795, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 780 GHS
2022 Average 570 GHS
Yearly Trough Low 505 GHS
Transaction Impact: A difference of 274.29 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1527
0.1347
JanuMarcMayJulySeptNove

BTN 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 0.1428, compared to 0.1405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1428
H2 Avg (Jul–Dec) 0.1405

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0522 GHS (High: 0.1533 / Low: 0.1011). On the other end, November was the most stable month, with a tight range of 0.0011 GHS (High: 0.1441 / Low: 0.1430).

January Spread (Volatile) ±0.0522
November Spread (Stable) ±0.0011

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 0.0103 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1512) against the same month in 2022 (average: 0.0869), the exchange rate shifted by +0.0643 (+73.99%).

2023 Avg (February) 0.1512
2022 Avg (February) 0.0869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1533 0.1011 0.1400
February 0.1559 0.1474 0.1512
March 0.1550 0.1420 0.1500
April 0.1468 0.1311 0.1397
May 0.1449 0.1289 0.1381
June 0.1404 0.1353 0.1378
July 0.1416 0.1374 0.1390
August 0.1382 0.1343 0.1362
September 0.1396 0.1372 0.1384
October 0.1430 0.1394 0.1414
November 0.1441 0.1430 0.1436
December 0.1450 0.1438 0.1443