2023 GNF to CDF Historical Review

YEARLY HIGH

0.3249 CDF

YEARLY LOW

0.2310 CDF

YEARLY AVERAGE

0.2710 CDF

2023 GNF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.3249. Conversely, the yearly low was recorded on January 7, dropping to 0.2310.

This high-to-low spread represents a total annual volatility of 0.0939 CDF. From a start-to-finish perspective, comparing the January average rate of 0.2364 to the December average rate of 0.3165, the exchange rate registered a net change of 33.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3249 was up 35.84% compared to the 2022 peak of 0.2392, 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 1,625 CDF

2022 Average 1,147 CDF

Yearly Trough Low 1,155 CDF

Transaction Impact: A difference of 469.53 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3245

0.2284

JanuMarcMayJulySeptNove

GNF to CDF 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 0.2473, compared to 0.2947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0474 points.

H1 Avg (Jan–Jun) 0.2473

H2 Avg (Jul–Dec) 0.2947

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0350 CDF (High: 0.2709 / Low: 0.2359). On the other end, September was the most stable month, with a tight range of 0.0064 CDF (High: 0.2918 / Low: 0.2854).

May Spread (Volatile) ±0.0350

September Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3165) against the same month in 2022 (average: 0.2352), the exchange rate shifted by +0.0813 (+34.54%).

2023 Avg (December) 0.3165

2022 Avg (December) 0.2352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2403	0.2310	0.2364
February	0.2417	0.2326	0.2386
March	0.2423	0.2324	0.2395
April	0.2550	0.2365	0.2420
May	0.2709	0.2359	0.2538
June	0.2786	0.2686	0.2736
July	0.2963	0.2786	0.2869
August	0.2889	0.2819	0.2876
September	0.2918	0.2854	0.2887
October	0.3030	0.2875	0.2928
November	0.3167	0.2845	0.2957
December	0.3249	0.3097	0.3165