2023 YER to GHS Historical Review

YEARLY HIGH

0.0515 GHS

YEARLY LOW

0.0333 GHS

YEARLY AVERAGE

0.0467 GHS

2023 YER to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0515. Conversely, the yearly low was recorded on January 1, dropping to 0.0333.

This high-to-low spread represents a total annual volatility of 0.0182 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0457 to the December average rate of 0.0480, the exchange rate registered a net change of 5.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0515 was down 11.86% compared to the 2022 peak of 0.0584, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 258 GHS

2022 Average 180 GHS

Yearly Trough Low 167 GHS

Transaction Impact: A difference of 90.84 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0504

0.0446

JanuMarcMayJulySeptNove

YER 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 0.0469, compared to 0.0465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0469

H2 Avg (Jul–Dec) 0.0465

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0166 GHS (High: 0.0499 / Low: 0.0333). On the other end, December was the most stable month, with a tight range of 0.0005 GHS (High: 0.0483 / Low: 0.0478).

January Spread (Volatile) ±0.0166

December Spread (Stable) ±0.0005

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 0.0036 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0499) against the same month in 2022 (average: 0.0260), the exchange rate shifted by +0.0239 (+91.73%).

2023 Avg (February) 0.0499

2022 Avg (February) 0.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0499	0.0333	0.0457
February	0.0515	0.0486	0.0499
March	0.0511	0.0465	0.0493
April	0.0481	0.0430	0.0457
May	0.0473	0.0425	0.0454
June	0.0460	0.0445	0.0452
July	0.0464	0.0451	0.0456
August	0.0457	0.0446	0.0451
September	0.0464	0.0456	0.0459
October	0.0475	0.0463	0.0470
November	0.0480	0.0473	0.0477
December	0.0483	0.0478	0.0480