2023 ANG to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ANG to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ANG to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 4884.8453. Conversely, the yearly low was recorded on February 18, dropping to 4733.3674.
This high-to-low spread represents a total annual volatility of 151.4779 GNF. From a start-to-finish perspective, comparing the January average rate of 4808.6940 to the December average rate of 4768.0608, the exchange rate registered a net change of -0.84% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 4884.8453 was down 5.68% compared to the 2022 peak of 5178.9461, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ANG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ANG 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 4792.4271, compared to 4775.7714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.6557 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 151.4779 GNF (High: 4884.8453 / Low: 4733.3674). On the other end, July was the most stable month, with a tight range of 31.1273 GNF (High: 4801.1142 / Low: 4769.9869).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 22.4107 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 4796.3464) against the same month in 2022 (average: 5002.7443), the exchange rate shifted by -206.3979 (-4.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4881.6532 | 4777.4559 | 4808.6940 |
| February | 4884.8453 | 4733.3674 | 4796.3464 |
| March | 4881.5395 | 4773.9409 | 4799.2347 |
| April | 4803.0260 | 4757.4718 | 4776.8240 |
| May | 4814.6258 | 4769.3065 | 4786.7653 |
| June | 4811.5566 | 4769.3651 | 4786.6983 |
| July | 4801.1142 | 4769.9869 | 4781.1873 |
| August | 4833.1974 | 4764.7272 | 4778.0618 |
| September | 4810.1612 | 4761.8446 | 4775.4541 |
| October | 4800.3951 | 4752.9751 | 4775.1286 |
| November | 4797.9375 | 4765.9805 | 4776.7359 |
| December | 4773.9754 | 4741.2790 | 4768.0608 |