2023 TWD to GHS Historical Review

YEARLY HIGH

0.4245 GHS

YEARLY LOW

0.2724 GHS

YEARLY AVERAGE

0.3757 GHS

2023 TWD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.4245. Conversely, the yearly low was recorded on January 1, dropping to 0.2724.

This high-to-low spread represents a total annual volatility of 0.1521 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3769 to the December average rate of 0.3852, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4245 was down 9.96% compared to the 2022 peak of 0.4715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,123 GHS

2022 Average 1,500 GHS

Yearly Trough Low 1,362 GHS

Transaction Impact: A difference of 760.66 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4182

0.3487

JanuMarcMayJulySeptNove

TWD 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 0.3842, compared to 0.3672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.3842

H2 Avg (Jul–Dec) 0.3672

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1406 GHS (High: 0.4130 / Low: 0.2724). On the other end, September was the most stable month, with a tight range of 0.0053 GHS (High: 0.3612 / Low: 0.3558).

January Spread (Volatile) ±0.1406

September Spread (Stable) ±0.0053

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 0.0292 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4124) against the same month in 2022 (average: 0.2336), the exchange rate shifted by +0.1788 (+76.54%).

2023 Avg (February) 0.4124

2022 Avg (February) 0.2336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4130	0.2724	0.3769
February	0.4245	0.4037	0.4124
March	0.4183	0.3815	0.4036
April	0.3953	0.3520	0.3744
May	0.3865	0.3466	0.3701
June	0.3709	0.3630	0.3675
July	0.3743	0.3608	0.3658
August	0.3595	0.3502	0.3544
September	0.3612	0.3558	0.3587
October	0.3687	0.3589	0.3643
November	0.3833	0.3676	0.3745
December	0.3919	0.3806	0.3852