2023 BBD to GNF Historical Review

YEARLY HIGH

4400.0000 GNF

YEARLY LOW

4245.6217 GNF

YEARLY AVERAGE

4309.3316 GNF

2023 BBD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 4400.0000. Conversely, the yearly low was recorded on March 19, dropping to 4245.6217.

This high-to-low spread represents a total annual volatility of 154.3783 GNF. From a start-to-finish perspective, comparing the January average rate of 4333.3005 to the December average rate of 4301.0153, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4400.0000 was down 5.76% compared to the 2022 peak of 4668.7500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,000,000 GNF

2022 Average 22,017,676 GNF

Yearly Trough Low 21,228,109 GNF

Transaction Impact: A difference of 771,891.45 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4336.6489

4296.4683

JanuMarcMayJulySeptNove

BBD 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 4316.5766, compared to 4302.0867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.4899 points.

H1 Avg (Jan–Jun) 4316.5766

H2 Avg (Jul–Dec) 4302.0867

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 154.3783 GNF (High: 4400.0000 / Low: 4245.6217). On the other end, May was the most stable month, with a tight range of 34.9035 GNF (High: 4327.5000 / Low: 4292.5965).

March Spread (Volatile) ±154.3783

May Spread (Stable) ±34.9035

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 18.3172 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -18.3172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 4333.3005) against the same month in 2022 (average: 4548.0498), the exchange rate shifted by -214.7493 (-4.72%).

2023 Avg (January) 4333.3005

2022 Avg (January) 4548.0498

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4400.0000	4293.5163	4333.3005
February	4400.0000	4266.4822	4322.5783
March	4400.0000	4245.6217	4318.4309
April	4327.5000	4253.8229	4300.1137
May	4327.5000	4292.5965	4312.3182
June	4328.0000	4282.8320	4312.7177
July	4325.0000	4271.5259	4303.5517
August	4327.5000	4292.5364	4305.5238
September	4327.5000	4278.3295	4302.3386
October	4327.5000	4273.9582	4300.2738
November	4325.0000	4272.5877	4299.8166
December	4318.0332	4280.0000	4301.0153