YEARLY HIGH
0.0105 KGS
YEARLY LOW
0.0096 KGS
YEARLY AVERAGE
0.0102 KGS

2023 GNF to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0105. Conversely, the yearly low was recorded on January 5, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0009 KGS. From a start-to-finish perspective, comparing the January average rate of 0.0099 to the December average rate of 0.0104, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0105 was down 9.38% compared to the 2022 peak of 0.0115, 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 52 KGS
2022 Average 48 KGS
Yearly Trough Low 48 KGS
Transaction Impact: A difference of 4.41 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0104
0.0098
JanuMarcMayJulySeptNove

GNF to KGS 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 0.0101, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0101
H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 KGS (High: 0.0100 / Low: 0.0096). On the other end, December was the most stable month, with a tight range of 0.0001 KGS (High: 0.0104 / Low: 0.0103).

January Spread (Volatile) ±0.0004
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0104) against the same month in 2022 (average: 0.0097), the exchange rate shifted by +0.0007 (+7.08%).

2023 Avg (November) 0.0104
2022 Avg (November) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0100 0.0096 0.0099
February 0.0102 0.0099 0.0101
March 0.0103 0.0099 0.0101
April 0.0103 0.0101 0.0102
May 0.0102 0.0101 0.0101
June 0.0102 0.0101 0.0101
July 0.0103 0.0101 0.0102
August 0.0103 0.0101 0.0102
September 0.0104 0.0102 0.0103
October 0.0104 0.0103 0.0104
November 0.0105 0.0103 0.0104
December 0.0104 0.0103 0.0104