YEARLY HIGH
0.0045 SRD
YEARLY LOW
0.0036 SRD
YEARLY AVERAGE
0.0042 SRD

2023 GNF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.0045. Conversely, the yearly low was recorded on January 7, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0009 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0043, the exchange rate registered a net change of 18.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0045 was up 21.12% compared to the 2022 peak of 0.0037, 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 22 SRD
2022 Average 14 SRD
Yearly Trough Low 18 SRD
Transaction Impact: A difference of 4.47 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0045
0.0036
JanuMarcMayJulySeptNove

GNF to SRD 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 0.0041, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0041
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0004 SRD (High: 0.0042 / Low: 0.0038). On the other end, August was the most stable month, with a tight range of 0.0001 SRD (High: 0.0045 / Low: 0.0044).

March Spread (Volatile) ±0.0004
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0045) against the same month in 2022 (average: 0.0031), the exchange rate shifted by +0.0013 (+43.18%).

2023 Avg (September) 0.0045
2022 Avg (September) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0038 0.0036 0.0037
February 0.0039 0.0037 0.0038
March 0.0042 0.0038 0.0040
April 0.0044 0.0042 0.0043
May 0.0044 0.0043 0.0043
June 0.0044 0.0043 0.0044
July 0.0045 0.0043 0.0044
August 0.0045 0.0044 0.0044
September 0.0045 0.0044 0.0045
October 0.0045 0.0044 0.0044
November 0.0045 0.0044 0.0044
December 0.0044 0.0043 0.0043