2023 GNF to COP Historical Review

YEARLY HIGH

0.5780 COP

YEARLY LOW

0.4471 COP

YEARLY AVERAGE

0.5018 COP

2023 GNF to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.5780. Conversely, the yearly low was recorded on December 28, dropping to 0.4471.

This high-to-low spread represents a total annual volatility of 0.1309 COP. From a start-to-finish perspective, comparing the January average rate of 0.5439 to the December average rate of 0.4600, the exchange rate registered a net change of -15.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5780 was down 1.57% compared to the 2022 peak of 0.5872, 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 2,890 COP

2022 Average 2,420 COP

Yearly Trough Low 2,236 COP

Transaction Impact: A difference of 654.27 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5643

0.4505

JanuMarcMayJulySeptNove

GNF to COP 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 0.5317, compared to 0.4718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0599 points.

H1 Avg (Jan–Jun) 0.5317

H2 Avg (Jul–Dec) 0.4718

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0512 COP (High: 0.5660 / Low: 0.5148). On the other end, November was the most stable month, with a tight range of 0.0168 COP (High: 0.4769 / Low: 0.4601).

January Spread (Volatile) ±0.0512

November Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0393 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5548) against the same month in 2022 (average: 0.4370), the exchange rate shifted by +0.1178 (+26.97%).

2023 Avg (February) 0.5548

2022 Avg (February) 0.4370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5660	0.5148	0.5439
February	0.5780	0.5328	0.5548
March	0.5664	0.5344	0.5509
April	0.5454	0.5074	0.5272
May	0.5441	0.5095	0.5265
June	0.5153	0.4711	0.4871
July	0.4909	0.4555	0.4723
August	0.4812	0.4539	0.4729
September	0.4782	0.4529	0.4660
October	0.5070	0.4737	0.4908
November	0.4769	0.4601	0.4687
December	0.4687	0.4471	0.4600