YEARLY HIGH
1.7820 LBP
YEARLY LOW
0.1723 LBP
YEARLY AVERAGE
1.5945 LBP

2023 GNF to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 1.7820. Conversely, the yearly low was recorded on January 27, dropping to 0.1723.

This high-to-low spread represents a total annual volatility of 1.6097 LBP. From a start-to-finish perspective, comparing the January average rate of 0.1749 to the December average rate of 1.7496, the exchange rate registered a net change of 900.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7820 was up 900.98% compared to the 2022 peak of 0.1780, 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 8,910 LBP
2022 Average 861 LBP
Yearly Trough Low 861 LBP
Transaction Impact: A difference of 8,048.49 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9133
0.0169
JanuMarcMayJulySeptNove

GNF to LBP 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 1.4408, compared to 1.7483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3075 points.

H1 Avg (Jan–Jun) 1.4408
H2 Avg (Jul–Dec) 1.7483

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.6083 LBP (High: 1.7820 / Low: 0.1737). On the other end, January was the most stable month, with a tight range of 0.0044 LBP (High: 0.1767 / Low: 0.1723).

February Spread (Volatile) ±1.6083
January Spread (Stable) ±0.0044

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 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.4665) against the same month in 2022 (average: 0.1680), the exchange rate shifted by +1.2986 (+773.13%).

2023 Avg (February) 1.4665
2022 Avg (February) 0.1680

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1767 0.1723 0.1749
February 1.7820 0.1737 1.4665
March 1.7676 1.7220 1.7455
April 1.7716 1.7384 1.7553
May 1.7742 1.7299 1.7491
June 1.7637 1.7358 1.7532
July 1.7757 1.7358 1.7504
August 1.7634 1.7347 1.7488
September 1.7683 1.7337 1.7495
October 1.7576 1.7326 1.7464
November 1.7501 1.7233 1.7449
December 1.7599 1.7469 1.7496