2023 GNF to TWD Historical Review

YEARLY HIGH

0.0038 TWD

YEARLY LOW

0.0034 TWD

YEARLY AVERAGE

0.0036 TWD

2023 GNF to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0038. Conversely, the yearly low was recorded on February 8, dropping to 0.0034.

This high-to-low spread represents a total annual volatility of 0.0004 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0036, the exchange rate registered a net change of 3.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0038 was up 0.77% compared to the 2022 peak of 0.0038, 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 19 TWD

2022 Average 17 TWD

Yearly Trough Low 17 TWD

Transaction Impact: A difference of 1.85 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0038

0.0035

JanuMarcMayJulySeptNove

GNF to TWD 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 0.0035, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 TWD (High: 0.0036 / Low: 0.0034). On the other end, May was the most stable month, with a tight range of 0.0001 TWD (High: 0.0036 / Low: 0.0035).

February Spread (Volatile) ±0.0001

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and October, 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 (October 2023: 0.0038) against the same month in 2022 (average: 0.0037), the exchange rate shifted by +0.0001 (+2.01%).

2023 Avg (October) 0.0038

2022 Avg (October) 0.0037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0036	0.0034	0.0035
February	0.0036	0.0034	0.0035
March	0.0036	0.0035	0.0035
April	0.0036	0.0035	0.0036
May	0.0036	0.0035	0.0036
June	0.0036	0.0035	0.0036
July	0.0037	0.0036	0.0036
August	0.0037	0.0037	0.0037
September	0.0038	0.0037	0.0037
October	0.0038	0.0037	0.0038
November	0.0038	0.0036	0.0037
December	0.0037	0.0036	0.0036