YEARLY HIGH
0.0220 LRD
YEARLY LOW
0.0176 LRD
YEARLY AVERAGE
0.0203 LRD

2023 GNF to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0220. Conversely, the yearly low was recorded on January 5, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0044 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0179 to the December average rate of 0.0219, the exchange rate registered a net change of 22.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0220 was up 21.88% compared to the 2022 peak of 0.0181, 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 110 LRD
2022 Average 87 LRD
Yearly Trough Low 88 LRD
Transaction Impact: A difference of 22.08 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0223
0.0175
JanuMarcMayJulySeptNove

GNF to LRD 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 0.0188, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0188
H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0013 LRD (High: 0.0209 / Low: 0.0196). On the other end, August was the most stable month, with a tight range of 0.0002 LRD (High: 0.0217 / Low: 0.0215).

June Spread (Volatile) ±0.0013
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0219) against the same month in 2022 (average: 0.0177), the exchange rate shifted by +0.0041 (+23.40%).

2023 Avg (December) 0.0219
2022 Avg (December) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0182 0.0176 0.0179
February 0.0184 0.0177 0.0181
March 0.0190 0.0179 0.0185
April 0.0194 0.0188 0.0190
May 0.0196 0.0191 0.0194
June 0.0209 0.0196 0.0202
July 0.0217 0.0208 0.0213
August 0.0217 0.0215 0.0216
September 0.0218 0.0215 0.0217
October 0.0218 0.0216 0.0217
November 0.0220 0.0217 0.0218
December 0.0220 0.0217 0.0219