2023 GNF to SYP Historical Review

YEARLY HIGH

0.2959 SYP

YEARLY LOW

0.2855 SYP

YEARLY AVERAGE

0.2915 SYP

2023 GNF to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2959. Conversely, the yearly low was recorded on March 4, dropping to 0.2855.

This high-to-low spread represents a total annual volatility of 0.0104 SYP. From a start-to-finish perspective, comparing the January average rate of 0.2899 to the December average rate of 0.2921, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2959 was up 0.31% compared to the 2022 peak of 0.2950, 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 1,479 SYP

2022 Average 1,427 SYP

Yearly Trough Low 1,428 SYP

Transaction Impact: A difference of 51.91 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2924

0.2897

JanuMarcMayJulySeptNove

GNF to SYP 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 0.2910, compared to 0.2920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.2910

H2 Avg (Jul–Dec) 0.2920

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0104 SYP (High: 0.2959 / Low: 0.2855). On the other end, May was the most stable month, with a tight range of 0.0024 SYP (High: 0.2927 / Low: 0.2903).

March Spread (Volatile) ±0.0104

May Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2909) against the same month in 2022 (average: 0.2808), the exchange rate shifted by +0.0101 (+3.61%).

2023 Avg (March) 0.2909

2022 Avg (March) 0.2808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2926	0.2855	0.2899
February	0.2944	0.2855	0.2906
March	0.2959	0.2855	0.2909
April	0.2953	0.2903	0.2922
May	0.2927	0.2903	0.2913
June	0.2933	0.2903	0.2913
July	0.2941	0.2905	0.2919
August	0.2927	0.2903	0.2918
September	0.2936	0.2903	0.2920
October	0.2939	0.2903	0.2921
November	0.2940	0.2905	0.2922
December	0.2935	0.2909	0.2921