2023 GNF to STD Historical Review

YEARLY HIGH

2.6879 STD

YEARLY LOW

2.5744 STD

YEARLY AVERAGE

2.6213 STD

2023 GNF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.6879. Conversely, the yearly low was recorded on October 27, dropping to 2.5744.

This high-to-low spread represents a total annual volatility of 0.1135 STD. From a start-to-finish perspective, comparing the January average rate of 2.6337 to the December average rate of 2.5903, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6879 was down 1.55% compared to the 2022 peak of 2.7302, 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 13,440 STD

2022 Average 12,596 STD

Yearly Trough Low 12,872 STD

Transaction Impact: A difference of 567.51 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6605

2.5810

JanuMarcMayJulySeptNove

GNF to STD 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 2.6439, compared to 2.5988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0450 points.

H1 Avg (Jan–Jun) 2.6439

H2 Avg (Jul–Dec) 2.5988

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0957 STD (High: 2.6716 / Low: 2.5759). On the other end, August was the most stable month, with a tight range of 0.0210 STD (High: 2.5954 / Low: 2.5744).

July Spread (Volatile) ±0.0957

August Spread (Stable) ±0.0210

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 July and August, when the average rate fell by 0.0561 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.6428) against the same month in 2022 (average: 2.3925), the exchange rate shifted by +0.2503 (+10.46%).

2023 Avg (March) 2.6428

2022 Avg (March) 2.3925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6580	2.5936	2.6337
February	2.6748	2.5936	2.6402
March	2.6879	2.5936	2.6428
April	2.6828	2.6371	2.6539
May	2.6585	2.6371	2.6464
June	2.6646	2.6368	2.6461
July	2.6716	2.5759	2.6437
August	2.5954	2.5744	2.5876
September	2.6040	2.5744	2.5895
October	2.6067	2.5744	2.5908
November	2.6075	2.5759	2.5910
December	2.6030	2.5801	2.5903

૨૦૨૫ GNF થી STD ઐતિહાસિક સમીક્ષા