2023 XDR to GHS Historical Review

YEARLY HIGH

17.1871 GHS

YEARLY LOW

11.1068 GHS

YEARLY AVERAGE

15.6042 GHS

2023 XDR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 17.1871. Conversely, the yearly low was recorded on January 1, dropping to 11.1068.

This high-to-low spread represents a total annual volatility of 6.0803 GHS. From a start-to-finish perspective, comparing the January average rate of 15.3881 to the December average rate of 16.0324, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.1871 was down 13.63% compared to the 2022 peak of 19.9003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,935 GHS

2022 Average 61,597 GHS

Yearly Trough Low 55,534 GHS

Transaction Impact: A difference of 30,401.67 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.8879

14.8891

JanuMarcMayJulySeptNove

XDR 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 15.7345, compared to 15.4740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2605 points.

H1 Avg (Jan–Jun) 15.7345

H2 Avg (Jul–Dec) 15.4740

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.7963 GHS (High: 16.9031 / Low: 11.1068). On the other end, September was the most stable month, with a tight range of 0.1084 GHS (High: 15.2455 / Low: 15.1371).

January Spread (Volatile) ±5.7963

September Spread (Stable) ±0.1084

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 1.0074 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 16.7213) against the same month in 2022 (average: 9.1331), the exchange rate shifted by +7.5882 (+83.08%).

2023 Avg (February) 16.7213

2022 Avg (February) 9.1331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.9031	11.1068	15.3881
February	17.1871	16.3038	16.7213
March	17.0118	15.6629	16.4535
April	16.2423	14.4659	15.4461
May	15.9644	14.3094	15.2828
June	15.4288	14.8284	15.1150
July	15.7420	15.0501	15.3313
August	15.2138	14.9288	15.0557
September	15.2455	15.1371	15.1881
October	15.6138	15.1969	15.4448
November	15.9761	15.6173	15.7916
December	16.1366	15.9559	16.0324