YEARLY HIGH
0.1060 KPW
YEARLY LOW
0.1023 KPW
YEARLY AVERAGE
0.1044 KPW

2023 GNF to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1060. Conversely, the yearly low was recorded on March 4, dropping to 0.1023.

This high-to-low spread represents a total annual volatility of 0.0037 KPW. From a start-to-finish perspective, comparing the January average rate of 0.1039 to the December average rate of 0.1046, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1060 was up 0.31% compared to the 2022 peak of 0.1057, 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 530 KPW
2022 Average 511 KPW
Yearly Trough Low 511 KPW
Transaction Impact: A difference of 18.59 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1047
0.1038
JanuMarcMayJulySeptNove

GNF to KPW 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 0.1043, compared to 0.1046 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) 0.1043
H2 Avg (Jul–Dec) 0.1046

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0037 KPW (High: 0.1060 / Low: 0.1023). On the other end, May was the most stable month, with a tight range of 0.0008 KPW (High: 0.1048 / Low: 0.1040).

March Spread (Volatile) ±0.0037
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1042) against the same month in 2022 (average: 0.1006), the exchange rate shifted by +0.0036 (+3.59%).

2023 Avg (March) 0.1042
2022 Avg (March) 0.1006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1048 0.1023 0.1039
February 0.1055 0.1023 0.1041
March 0.1060 0.1023 0.1042
April 0.1058 0.1040 0.1046
May 0.1048 0.1040 0.1044
June 0.1051 0.1040 0.1043
July 0.1053 0.1040 0.1046
August 0.1048 0.1040 0.1045
September 0.1052 0.1040 0.1046
October 0.1053 0.1040 0.1046
November 0.1053 0.1040 0.1047
December 0.1051 0.1042 0.1046