YEARLY HIGH
4888.8889 GNF
YEARLY LOW
4717.3575 GNF
YEARLY AVERAGE
4786.0628 GNF

2023 AWG to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 4888.8889. Conversely, the yearly low was recorded on March 19, dropping to 4717.3575.

This high-to-low spread represents a total annual volatility of 171.5314 GNF. From a start-to-finish perspective, comparing the January average rate of 4811.7294 to the December average rate of 4775.9130, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4888.8889 was down 5.73% compared to the 2022 peak of 5186.0594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,444,444 GNF
2022 Average 24,463,681 GNF
Yearly Trough Low 23,586,787 GNF
Transaction Impact: A difference of 857,657.16 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4815.4627
4770.6628
JanuMarcMayJulySeptNove

AWG to GNF 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 4793.1516, compared to 4778.9741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.1776 points.

H1 Avg (Jan–Jun) 4793.1516
H2 Avg (Jul–Dec) 4778.9741

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 164.7507 GNF (High: 4882.1082 / Low: 4717.3575). On the other end, May was the most stable month, with a tight range of 37.5273 GNF (High: 4805.5556 / Low: 4768.0282).

March Spread (Volatile) ±164.7507
May Spread (Stable) ±37.5273

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 21.4888 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -21.4888

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 4800.4796) against the same month in 2022 (average: 5007.5176), the exchange rate shifted by -207.0380 (-4.13%).

2023 Avg (February) 4800.4796
2022 Avg (February) 5007.5176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4882.1082 4770.5737 4811.7294
February 4888.8889 4740.5358 4800.4796
March 4882.1082 4717.3575 4795.8850
April 4805.5556 4726.4699 4774.3962
May 4805.5556 4768.0282 4788.0547
June 4808.8889 4758.7022 4788.3649
July 4805.5556 4739.5572 4776.9316
August 4808.3333 4768.4444 4780.7034
September 4815.0209 4755.5367 4778.8562
October 4805.5556 4748.8424 4775.5146
November 4871.6852 4747.3197 4785.9255
December 4797.8147 4755.5556 4775.9130