2023 DJF to GNF Historical Review

YEARLY HIGH

49.5043 GNF

YEARLY LOW

48.0702 GNF

YEARLY AVERAGE

48.4645 GNF

2023 DJF to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 49.5043. Conversely, the yearly low was recorded on December 16, dropping to 48.0702.

This high-to-low spread represents a total annual volatility of 1.4341 GNF. From a start-to-finish perspective, comparing the January average rate of 48.7579 to the December average rate of 48.3001, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.5043 was down 5.74% compared to the 2022 peak of 52.5206, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 247,521 GNF

2022 Average 247,369 GNF

Yearly Trough Low 240,351 GNF

Transaction Impact: A difference of 7,170.57 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

48.8036

48.2543

JanuMarcMayJulySeptNove

DJF 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 48.5537, compared to 48.3753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1784 points.

H1 Avg (Jan–Jun) 48.5537

H2 Avg (Jul–Dec) 48.3753

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.3466 GNF (High: 49.4860 / Low: 48.1394). On the other end, December was the most stable month, with a tight range of 0.4087 GNF (High: 48.4789 / Low: 48.0702).

March Spread (Volatile) ±1.3466

December Spread (Stable) ±0.4087

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 0.1993 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1993

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 48.5726) against the same month in 2022 (average: 50.6695), the exchange rate shifted by -2.0969 (-4.14%).

2023 Avg (February) 48.5726

2022 Avg (February) 50.6695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.4930	48.3720	48.7579
February	49.5043	48.1976	48.5726
March	49.4860	48.1394	48.6162
April	48.9595	48.1883	48.4168
May	48.7339	48.2768	48.4935
June	48.8848	48.2819	48.4653
July	48.9612	48.2884	48.4453
August	48.9223	48.2402	48.4024
September	48.6898	48.1071	48.3368
October	48.6706	48.2104	48.3559
November	48.9834	48.1793	48.4112
December	48.4789	48.0702	48.3001