2023 FKP to GNF Historical Review

YEARLY HIGH

11317.4959 GNF

YEARLY LOW

10271.2088 GNF

YEARLY AVERAGE

10718.4532 GNF

2023 FKP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 11317.4959. Conversely, the yearly low was recorded on March 7, dropping to 10271.2088.

This high-to-low spread represents a total annual volatility of 1046.2870 GNF. From a start-to-finish perspective, comparing the January average rate of 10611.1884 to the December average rate of 10895.4921, the exchange rate registered a net change of 2.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11317.4959 was down 10.31% compared to the 2022 peak of 12618.1301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,587,479 GNF

2022 Average 54,516,167 GNF

Yearly Trough Low 51,356,044 GNF

Transaction Impact: A difference of 5,231,435.22 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11150.6315

10364.3334

JanuMarcMayJulySeptNove

FKP 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 10648.4029, compared to 10788.5034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 140.1005 points.

H1 Avg (Jan–Jun) 10648.4029

H2 Avg (Jul–Dec) 10788.5034

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 506.3730 GNF (High: 10895.2827 / Low: 10388.9097). On the other end, December was the most stable month, with a tight range of 192.3916 GNF (High: 10986.9155 / Low: 10794.5240).

January Spread (Volatile) ±506.3730

December Spread (Stable) ±192.3916

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 278.1740 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -278.1740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 11085.1066) against the same month in 2022 (average: 10429.6658), the exchange rate shifted by +655.4409 (+6.28%).

2023 Avg (July) 11085.1066

2022 Avg (July) 10429.6658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10895.2827	10388.9097	10611.1884
February	10664.8357	10276.5629	10429.8583
March	10680.0999	10271.2088	10483.9042
April	10817.2170	10571.9751	10703.7412
May	10939.0522	10612.0245	10761.0841
June	11092.7585	10720.4600	10900.6413
July	11317.4959	10845.4001	11085.1066
August	11037.1252	10798.3040	10937.0341
September	10848.2569	10457.1640	10658.8601
October	10607.1249	10397.5258	10467.2510
November	10923.0717	10452.2328	10687.2768
December	10986.9155	10794.5240	10895.4921