2023 GNF to GMD Historical Review

YEARLY HIGH

0.0079 GMD

YEARLY LOW

0.0069 GMD

YEARLY AVERAGE

0.0072 GMD

2023 GNF to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0079. Conversely, the yearly low was recorded on June 17, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0010 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0072 to the December average rate of 0.0078, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0079 was up 8.62% compared to the 2022 peak of 0.0072, 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 39 GMD

2022 Average 31 GMD

Yearly Trough Low 34 GMD

Transaction Impact: A difference of 5.05 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0079

0.0068

JanuMarcMayJulySeptNove

GNF to GMD 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 0.0071, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0071

H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0006 GMD (High: 0.0076 / Low: 0.0070). On the other end, June was the most stable month, with a tight range of 0.0001 GMD (High: 0.0069 / Low: 0.0069).

September Spread (Volatile) ±0.0006

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0078) against the same month in 2022 (average: 0.0071), the exchange rate shifted by +0.0007 (+9.70%).

2023 Avg (December) 0.0078

2022 Avg (December) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0072	0.0070	0.0072
February	0.0072	0.0069	0.0071
March	0.0072	0.0069	0.0071
April	0.0073	0.0070	0.0072
May	0.0070	0.0069	0.0069
June	0.0069	0.0069	0.0069
July	0.0070	0.0069	0.0069
August	0.0071	0.0070	0.0070
September	0.0076	0.0070	0.0072
October	0.0077	0.0075	0.0076
November	0.0079	0.0075	0.0078
December	0.0079	0.0078	0.0078