2023 GMD to GNF Historical Review

YEARLY HIGH

145.6842 GNF

YEARLY LOW

127.0030 GNF

YEARLY AVERAGE

138.6183 GNF

2023 GMD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 145.6842. Conversely, the yearly low was recorded on December 26, dropping to 127.0030.

This high-to-low spread represents a total annual volatility of 18.6812 GNF. From a start-to-finish perspective, comparing the January average rate of 139.7288 to the December average rate of 127.7170, the exchange rate registered a net change of -8.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 145.6842 was down 17.59% compared to the 2022 peak of 176.7773, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 728,421 GNF

2022 Average 797,472 GNF

Yearly Trough Low 635,015 GNF

Transaction Impact: A difference of 93,406.22 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

146.7424

125.9874

JanuMarcMayJulySeptNove

GMD 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 141.7156, compared to 135.5209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.1948 points.

H1 Avg (Jan–Jun) 141.7156

H2 Avg (Jul–Dec) 135.5209

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 10.5291 GNF (High: 142.9397 / Low: 132.4107). On the other end, June was the most stable month, with a tight range of 1.7235 GNF (High: 145.6842 / Low: 143.9607).

September Spread (Volatile) ±10.5291

June Spread (Stable) ±1.7235

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 September and October, when the average rate fell by 8.2292 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.2292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 145.0128) against the same month in 2022 (average: 162.6789), the exchange rate shifted by -17.6661 (-10.86%).

2023 Avg (June) 145.0128

2022 Avg (June) 162.6789

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	142.3948	138.1307	139.7288
February	144.1441	139.5415	141.4942
March	144.2150	138.0690	140.7013
April	143.4946	137.5970	139.0702
May	145.2181	143.1819	144.2866
June	145.6842	143.9607	145.0128
July	145.2561	143.4308	144.3099
August	143.2947	141.0858	142.1350
September	142.9397	132.4107	139.3088
October	133.7896	129.9948	131.0797
November	132.9746	127.1486	128.5749
December	128.9158	127.0030	127.7170