YEARLY HIGH
0.0668 SOS
YEARLY LOW
0.0646 SOS
YEARLY AVERAGE
0.0661 SOS

2023 GNF to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0668. Conversely, the yearly low was recorded on March 4, dropping to 0.0646.

This high-to-low spread represents a total annual volatility of 0.0022 SOS. From a start-to-finish perspective, comparing the January average rate of 0.0656 to the December average rate of 0.0665, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0668 was up 0.13% compared to the 2022 peak of 0.0667, 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 334 SOS
2022 Average 327 SOS
Yearly Trough Low 323 SOS
Transaction Impact: A difference of 10.89 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0666
0.0655
JanuMarcMayJulySeptNove

GNF to SOS 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 0.0658, compared to 0.0663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0658
H2 Avg (Jul–Dec) 0.0663

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0021 SOS (High: 0.0667 / Low: 0.0646). On the other end, December was the most stable month, with a tight range of 0.0005 SOS (High: 0.0668 / Low: 0.0663).

March Spread (Volatile) ±0.0021
December 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0665) against the same month in 2022 (average: 0.0654), the exchange rate shifted by +0.0010 (+1.60%).

2023 Avg (December) 0.0665
2022 Avg (December) 0.0654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0660 0.0647 0.0656
February 0.0663 0.0646 0.0658
March 0.0667 0.0646 0.0658
April 0.0663 0.0653 0.0661
May 0.0662 0.0655 0.0659
June 0.0663 0.0653 0.0659
July 0.0664 0.0653 0.0661
August 0.0663 0.0654 0.0661
September 0.0666 0.0658 0.0663
October 0.0667 0.0660 0.0664
November 0.0665 0.0655 0.0663
December 0.0668 0.0663 0.0665