2023 XPF to GHS Historical Review

YEARLY HIGH

0.1145 GHS

YEARLY LOW

0.0749 GHS

YEARLY AVERAGE

0.1060 GHS

2023 XPF to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.1145. Conversely, the yearly low was recorded on January 1, dropping to 0.0749.

This high-to-low spread represents a total annual volatility of 0.0397 GHS. From a start-to-finish perspective, comparing the January average rate of 0.1036 to the December average rate of 0.1100, the exchange rate registered a net change of 6.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1145 was down 9.65% compared to the 2022 peak of 0.1268, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 573 GHS

2022 Average 395 GHS

Yearly Trough Low 374 GHS

Transaction Impact: A difference of 198.31 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1129

0.1019

JanuMarcMayJulySeptNove

XPF 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 0.1064, compared to 0.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1064

H2 Avg (Jul–Dec) 0.1057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0390 GHS (High: 0.1139 / Low: 0.0749). On the other end, September was the most stable month, with a tight range of 0.0014 GHS (High: 0.1033 / Low: 0.1020).

January Spread (Volatile) ±0.0390

September Spread (Stable) ±0.0014

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 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1120) against the same month in 2022 (average: 0.0619), the exchange rate shifted by +0.0501 (+80.98%).

2023 Avg (February) 0.1120

2022 Avg (February) 0.0619

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1139	0.0749	0.1036
February	0.1145	0.1092	0.1120
March	0.1143	0.1061	0.1107
April	0.1108	0.0983	0.1054
May	0.1109	0.0961	0.1037
June	0.1056	0.1000	0.1029
July	0.1085	0.1033	0.1057
August	0.1048	0.1021	0.1031
September	0.1033	0.1020	0.1028
October	0.1058	0.1019	0.1041
November	0.1106	0.1057	0.1083
December	0.1119	0.1083	0.1100