2023 AMD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AMD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 22.6705. Conversely, the yearly low was recorded on October 5, dropping to 20.0112.
This high-to-low spread represents a total annual volatility of 2.6592 GNF. From a start-to-finish perspective, comparing the January average rate of 21.9111 to the December average rate of 21.2709, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 22.6705 was up 1.53% compared to the 2022 peak of 22.3281, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AMD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.1477, compared to 21.7897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3581 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 1.7279 GNF (High: 21.7391 / Low: 20.0112). On the other end, December was the most stable month, with a tight range of 0.2689 GNF (High: 21.3942 / Low: 21.1254).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.9756 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 22.2484) against the same month in 2022 (average: 17.9707), the exchange rate shifted by +4.2777 (+23.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.2211 | 21.7349 | 21.9111 |
| February | 22.3740 | 21.7129 | 21.9391 |
| March | 22.6705 | 22.0263 | 22.2484 |
| April | 22.4187 | 21.8912 | 22.1518 |
| May | 22.4020 | 22.1306 | 22.3102 |
| June | 22.5328 | 22.2126 | 22.3257 |
| July | 22.5387 | 22.0313 | 22.2175 |
| August | 22.4900 | 22.1604 | 22.2825 |
| September | 22.5480 | 21.6650 | 22.2714 |
| October | 21.7391 | 20.0112 | 21.2958 |
| November | 21.6755 | 21.3368 | 21.3998 |
| December | 21.3942 | 21.1254 | 21.2709 |