YEARLY HIGH
0.0705 SDG
YEARLY LOW
0.0634 SDG
YEARLY AVERAGE
0.0692 SDG

2023 GNF to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0705. Conversely, the yearly low was recorded on November 20, dropping to 0.0634.

This high-to-low spread represents a total annual volatility of 0.0071 SDG. From a start-to-finish perspective, comparing the January average rate of 0.0666 to the December average rate of 0.0699, the exchange rate registered a net change of 4.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0705 was up 4.22% compared to the 2022 peak of 0.0676, 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 352 SDG
2022 Average 284 SDG
Yearly Trough Low 317 SDG
Transaction Impact: A difference of 35.46 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0702
0.0662
JanuMarcMayJulySeptNove

GNF to SDG 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 0.0686, compared to 0.0698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0686
H2 Avg (Jul–Dec) 0.0698

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0069 SDG (High: 0.0703 / Low: 0.0634). On the other end, December was the most stable month, with a tight range of 0.0006 SDG (High: 0.0702 / Low: 0.0696).

November Spread (Volatile) ±0.0069
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0695) against the same month in 2022 (average: 0.0503), the exchange rate shifted by +0.0192 (+38.25%).

2023 Avg (April) 0.0695
2022 Avg (April) 0.0503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0677 0.0653 0.0666
February 0.0686 0.0664 0.0677
March 0.0699 0.0661 0.0683
April 0.0705 0.0667 0.0695
May 0.0699 0.0692 0.0696
June 0.0702 0.0694 0.0697
July 0.0704 0.0694 0.0698
August 0.0701 0.0694 0.0698
September 0.0703 0.0694 0.0699
October 0.0704 0.0694 0.0699
November 0.0703 0.0634 0.0696
December 0.0702 0.0696 0.0699