2023 GNF to RUB Historical Review

YEARLY HIGH

0.0118 RUB

YEARLY LOW

0.0077 RUB

YEARLY AVERAGE

0.0099 RUB

2023 GNF to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0118. Conversely, the yearly low was recorded on January 15, dropping to 0.0077.

This high-to-low spread represents a total annual volatility of 0.0042 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0081 to the December average rate of 0.0106, the exchange rate registered a net change of 31.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0118 was down 25.63% compared to the 2022 peak of 0.0159, 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 59 RUB

2022 Average 40 RUB

Yearly Trough Low 38 RUB

Transaction Impact: A difference of 20.82 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0116

0.0078

JanuMarcMayJulySeptNove

GNF to RUB 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 0.0089, compared to 0.0109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0089

H2 Avg (Jul–Dec) 0.0109

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0010 RUB (High: 0.0118 / Low: 0.0108). On the other end, July was the most stable month, with a tight range of 0.0005 RUB (High: 0.0107 / Low: 0.0103).

October Spread (Volatile) ±0.0010

July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0113) against the same month in 2022 (average: 0.0071), the exchange rate shifted by +0.0042 (+58.36%).

2023 Avg (October) 0.0113

2022 Avg (October) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0085	0.0077	0.0081
February	0.0088	0.0081	0.0085
March	0.0091	0.0086	0.0088
April	0.0095	0.0090	0.0094
May	0.0094	0.0088	0.0092
June	0.0103	0.0093	0.0097
July	0.0107	0.0103	0.0105
August	0.0116	0.0107	0.0111
September	0.0115	0.0110	0.0112
October	0.0118	0.0108	0.0113
November	0.0109	0.0102	0.0105
December	0.0108	0.0103	0.0106