YEARLY HIGH
0.0500 AMD
YEARLY LOW
0.0441 AMD
YEARLY AVERAGE
0.0455 AMD

2023 GNF to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0500. Conversely, the yearly low was recorded on March 4, dropping to 0.0441.

This high-to-low spread represents a total annual volatility of 0.0059 AMD. From a start-to-finish perspective, comparing the January average rate of 0.0456 to the December average rate of 0.0470, the exchange rate registered a net change of 3.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0500 was down 13.79% compared to the 2022 peak of 0.0580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 250 AMD
2022 Average 247 AMD
Yearly Trough Low 221 AMD
Transaction Impact: A difference of 29.31 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0472
0.0446
JanuMarcMayJulySeptNove

GNF to AMD 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 0.0452, compared to 0.0459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0452
H2 Avg (Jul–Dec) 0.0459

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0040 AMD (High: 0.0500 / Low: 0.0460). On the other end, May was the most stable month, with a tight range of 0.0005 AMD (High: 0.0452 / Low: 0.0446).

October Spread (Volatile) ±0.0040
May Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0470) against the same month in 2022 (average: 0.0465), the exchange rate shifted by +0.0005 (+1.05%).

2023 Avg (October) 0.0470
2022 Avg (October) 0.0465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0460 0.0450 0.0456
February 0.0461 0.0447 0.0456
March 0.0454 0.0441 0.0449
April 0.0457 0.0446 0.0451
May 0.0452 0.0446 0.0448
June 0.0450 0.0444 0.0448
July 0.0454 0.0444 0.0450
August 0.0451 0.0445 0.0449
September 0.0462 0.0443 0.0449
October 0.0500 0.0460 0.0470
November 0.0469 0.0461 0.0467
December 0.0473 0.0467 0.0470