2023 BOB to GNF Historical Review

YEARLY HIGH

1274.1019 GNF

YEARLY LOW

1231.2883 GNF

YEARLY AVERAGE

1247.6913 GNF

2023 BOB to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 1274.1019. Conversely, the yearly low was recorded on April 30, dropping to 1231.2883.

This high-to-low spread represents a total annual volatility of 42.8135 GNF. From a start-to-finish perspective, comparing the January average rate of 1254.1973 to the December average rate of 1243.4668, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1274.1019 was down 5.77% compared to the 2022 peak of 1352.1197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,370,509 GNF

2022 Average 6,388,776 GNF

Yearly Trough Low 6,156,442 GNF

Transaction Impact: A difference of 214,067.70 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1255.2704

1242.3937

JanuMarcMayJulySeptNove

BOB 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 1249.7910, compared to 1245.5916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1994 points.

H1 Avg (Jan–Jun) 1249.7910

H2 Avg (Jul–Dec) 1245.5916

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 39.5972 GNF (High: 1274.1019 / Low: 1234.5047). On the other end, December was the most stable month, with a tight range of 8.5322 GNF (High: 1245.0977 / Low: 1236.5655).

February Spread (Volatile) ±39.5972

December Spread (Stable) ±8.5322

Growth Streaks & Declines

Trends

Between September and November, 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 6.7909 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.7909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1250.9604) against the same month in 2022 (average: 1309.9572), the exchange rate shifted by -58.9967 (-4.50%).

2023 Avg (February) 1250.9604

2022 Avg (February) 1309.9572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1273.1922	1246.0169	1254.1973
February	1274.1019	1234.5047	1250.9604
March	1273.1787	1241.4841	1251.6329
April	1252.6664	1231.2883	1244.8420
May	1255.6617	1243.9304	1248.6538
June	1254.8739	1243.9252	1248.4594
July	1253.3732	1243.2061	1246.7874
August	1261.4195	1242.7627	1246.2044
September	1254.6400	1242.0191	1245.5455
October	1252.0503	1242.2071	1245.5581
November	1252.6510	1243.0451	1245.9872
December	1245.0977	1236.5655	1243.4668