2023 GNF to CRC Historical Review

YEARLY HIGH

0.0686 CRC

YEARLY LOW

0.0604 CRC

YEARLY AVERAGE

0.0628 CRC

2023 GNF to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0686. Conversely, the yearly low was recorded on December 29, dropping to 0.0604.

This high-to-low spread represents a total annual volatility of 0.0082 CRC. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0611, the exchange rate registered a net change of -7.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0686 was down 13.34% compared to the 2022 peak of 0.0792, 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 343 CRC

2022 Average 366 CRC

Yearly Trough Low 302 CRC

Transaction Impact: A difference of 41.10 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0668

0.0605

JanuMarcMayJulySeptNove

GNF to CRC 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 0.0637, compared to 0.0620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0637

H2 Avg (Jul–Dec) 0.0620

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0047 CRC (High: 0.0686 / Low: 0.0639). On the other end, November was the most stable month, with a tight range of 0.0005 CRC (High: 0.0620 / Low: 0.0614).

January Spread (Volatile) ±0.0047

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0663) against the same month in 2022 (average: 0.0702), the exchange rate shifted by -0.0039 (-5.58%).

2023 Avg (January) 0.0663

2022 Avg (January) 0.0702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0686	0.0639	0.0663
February	0.0674	0.0636	0.0654
March	0.0643	0.0624	0.0632
April	0.0632	0.0619	0.0623
May	0.0632	0.0616	0.0623
June	0.0631	0.0620	0.0626
July	0.0635	0.0621	0.0628
August	0.0633	0.0617	0.0625
September	0.0628	0.0616	0.0622
October	0.0623	0.0614	0.0618
November	0.0620	0.0614	0.0617
December	0.0616	0.0604	0.0611