2023 GNF to JPY Historical Review

YEARLY HIGH

0.0177 JPY

YEARLY LOW

0.0146 JPY

YEARLY AVERAGE

0.0163 JPY

2023 GNF to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.0177. Conversely, the yearly low was recorded on January 13, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0031 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0150 to the December average rate of 0.0167, the exchange rate registered a net change of 11.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0177 was up 1.98% compared to the 2022 peak of 0.0174, 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 89 JPY

2022 Average 75 JPY

Yearly Trough Low 73 JPY

Transaction Impact: A difference of 15.67 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0177

0.0148

JanuMarcMayJulySeptNove

GNF to JPY 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 0.0156, compared to 0.0170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0156

H2 Avg (Jul–Dec) 0.0170

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0010 JPY (High: 0.0159 / Low: 0.0148). On the other end, September was the most stable month, with a tight range of 0.0003 JPY (High: 0.0174 / Low: 0.0170).

February Spread (Volatile) ±0.0010

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0007 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0174) against the same month in 2022 (average: 0.0163), the exchange rate shifted by +0.0011 (+6.55%).

2023 Avg (November) 0.0174

2022 Avg (November) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0152	0.0146	0.0150
February	0.0159	0.0148	0.0154
March	0.0158	0.0152	0.0155
April	0.0160	0.0152	0.0155
May	0.0164	0.0155	0.0159
June	0.0168	0.0160	0.0164
July	0.0169	0.0160	0.0164
August	0.0171	0.0164	0.0168
September	0.0174	0.0170	0.0172
October	0.0176	0.0172	0.0174
November	0.0177	0.0171	0.0174
December	0.0171	0.0164	0.0167