YEARLY HIGH
0.0547 KMF
YEARLY LOW
0.0509 KMF
YEARLY AVERAGE
0.0529 KMF

2023 GNF to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0547. Conversely, the yearly low was recorded on July 17, dropping to 0.0509.

This high-to-low spread represents a total annual volatility of 0.0038 KMF. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0524, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0547 was down 7.50% compared to the 2022 peak of 0.0591, 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 273 KMF
2022 Average 266 KMF
Yearly Trough Low 255 KMF
Transaction Impact: A difference of 18.82 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0545
0.0515
JanuMarcMayJulySeptNove

GNF to KMF 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 0.0528, compared to 0.0529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0528
H2 Avg (Jul–Dec) 0.0529

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0024 KMF (High: 0.0545 / Low: 0.0521). On the other end, October was the most stable month, with a tight range of 0.0009 KMF (High: 0.0547 / Low: 0.0538).

November Spread (Volatile) ±0.0024
October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0542) against the same month in 2022 (average: 0.0576), the exchange rate shifted by -0.0034 (-5.91%).

2023 Avg (October) 0.0542
2022 Avg (October) 0.0576

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0537 0.0515 0.0527
February 0.0543 0.0519 0.0532
March 0.0544 0.0523 0.0533
April 0.0527 0.0515 0.0522
May 0.0535 0.0516 0.0526
June 0.0537 0.0520 0.0527
July 0.0528 0.0509 0.0518
August 0.0530 0.0520 0.0524
September 0.0545 0.0528 0.0536
October 0.0547 0.0538 0.0542
November 0.0545 0.0521 0.0531
December 0.0532 0.0517 0.0524