2023 GNF to SLL Historical Review

YEARLY HIGH

2.4540 SLL

YEARLY LOW

2.0074 SLL

YEARLY AVERAGE

2.2138 SLL

2023 GNF to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2.4540. Conversely, the yearly low was recorded on March 4, dropping to 2.0074.

This high-to-low spread represents a total annual volatility of 0.4466 SLL. From a start-to-finish perspective, comparing the January average rate of 2.0384 to the December average rate of 2.4377, the exchange rate registered a net change of 19.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4540 was up 18.73% compared to the 2022 peak of 2.0669, 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 12,270 SLL

2022 Average 7,811 SLL

Yearly Trough Low 10,037 SLL

Transaction Impact: A difference of 2,232.86 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4784

1.9984

JanuMarcMayJulySeptNove

GNF to SLL 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 2.0463, compared to 2.3814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3352 points.

H1 Avg (Jan–Jun) 2.0463

H2 Avg (Jul–Dec) 2.3814

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.4047 SLL (High: 2.4469 / Low: 2.0422). On the other end, May was the most stable month, with a tight range of 0.0166 SLL (High: 2.0576 / Low: 2.0410).

July Spread (Volatile) ±0.4047

May Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between June and November, 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 April and May, when the average rate fell by 0.0058 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.4384) against the same month in 2022 (average: 2.0321), the exchange rate shifted by +0.4063 (+19.99%).

2023 Avg (November) 2.4384

2022 Avg (November) 2.0321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0572	2.0074	2.0384
February	2.0702	2.0074	2.0435
March	2.0804	2.0074	2.0454
April	2.0764	2.0410	2.0540
May	2.0576	2.0410	2.0482
June	2.0623	2.0408	2.0480
July	2.4469	2.0422	2.1019
August	2.4426	2.4228	2.4352
September	2.4507	2.4228	2.4370
October	2.4532	2.4228	2.4382
November	2.4540	2.4242	2.4384
December	2.4497	2.4281	2.4377