YEARLY HIGH
0.0022 MDL
YEARLY LOW
0.0020 MDL
YEARLY AVERAGE
0.0021 MDL

2023 GNF to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0022. Conversely, the yearly low was recorded on December 28, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0002 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0020, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0022 was down 2.29% compared to the 2022 peak of 0.0023, 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 11 MDL
2022 Average 11 MDL
Yearly Trough Low 10 MDL
Transaction Impact: A difference of 1.05 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0022
0.0020
JanuMarcMayJulySeptNove

GNF to MDL 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 0.0021, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0001 MDL (High: 0.0021 / Low: 0.0020). On the other end, October was the most stable month, with a tight range of 0.0000 MDL (High: 0.0021 / Low: 0.0021).

July Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0022) against the same month in 2022 (average: 0.0020), the exchange rate shifted by +0.0002 (+11.22%).

2023 Avg (January) 0.0022
2022 Avg (January) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0021 0.0022
February 0.0022 0.0021 0.0022
March 0.0022 0.0021 0.0022
April 0.0021 0.0021 0.0021
May 0.0021 0.0020 0.0021
June 0.0021 0.0021 0.0021
July 0.0021 0.0020 0.0021
August 0.0021 0.0020 0.0021
September 0.0021 0.0021 0.0021
October 0.0021 0.0021 0.0021
November 0.0021 0.0021 0.0021
December 0.0021 0.0020 0.0020