2023 AWG to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 AWG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |