YEARLY HIGH
0.0295 YER
YEARLY LOW
0.0284 YER
YEARLY AVERAGE
0.0290 YER

2023 GNF to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0295. Conversely, the yearly low was recorded on March 4, dropping to 0.0284.

This high-to-low spread represents a total annual volatility of 0.0010 YER. From a start-to-finish perspective, comparing the January average rate of 0.0289 to the December average rate of 0.0291, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0295 was up 0.33% compared to the 2022 peak of 0.0294, 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 147 YER
2022 Average 142 YER
Yearly Trough Low 142 YER
Transaction Impact: A difference of 5.17 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0291
0.0289
JanuMarcMayJulySeptNove

GNF to YER 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 0.0290, compared to 0.0291 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) 0.0290
H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0010 YER (High: 0.0295 / Low: 0.0284). On the other end, May was the most stable month, with a tight range of 0.0002 YER (High: 0.0292 / Low: 0.0289).

March Spread (Volatile) ±0.0010
May Spread (Stable) ±0.0002

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0290) against the same month in 2022 (average: 0.0280), the exchange rate shifted by +0.0010 (+3.61%).

2023 Avg (March) 0.0290
2022 Avg (March) 0.0280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0291 0.0285 0.0289
February 0.0293 0.0284 0.0290
March 0.0295 0.0284 0.0290
April 0.0294 0.0289 0.0291
May 0.0292 0.0289 0.0290
June 0.0292 0.0289 0.0290
July 0.0293 0.0289 0.0291
August 0.0292 0.0289 0.0291
September 0.0293 0.0289 0.0291
October 0.0293 0.0289 0.0291
November 0.0293 0.0289 0.0291
December 0.0292 0.0290 0.0291