2023 HTG to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HTG to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HTG to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 65.2024. Conversely, the yearly low was recorded on April 15, dropping to 55.0062.
This high-to-low spread represents a total annual volatility of 10.1962 GNF. From a start-to-finish perspective, comparing the January average rate of 58.3851 to the December average rate of 65.0546, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 65.2024 was down 30.40% compared to the 2022 peak of 93.6769, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HTG to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 58.1587, compared to 63.9228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7642 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 5.9403 GNF (High: 61.5765 / Low: 55.6362). On the other end, December was the most stable month, with a tight range of 0.4728 GNF (High: 65.2024 / Low: 64.7296).
Growth Streaks & Declines
TrendsBetween April and December, 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 February and March, when the average rate fell by 1.3195 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 65.0546) against the same month in 2022 (average: 60.0843), the exchange rate shifted by +4.9703 (+8.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 59.5289 | 57.5913 | 58.3851 |
| February | 58.7011 | 56.8050 | 57.5635 |
| March | 58.1814 | 55.4167 | 56.2441 |
| April | 55.9825 | 55.0062 | 55.4680 |
| May | 61.5765 | 55.6362 | 59.3599 |
| June | 62.4533 | 61.1853 | 61.9315 |
| July | 63.2229 | 61.8506 | 62.5062 |
| August | 63.8840 | 62.9685 | 63.2650 |
| September | 64.1207 | 62.8827 | 63.6081 |
| October | 64.8999 | 63.4240 | 64.2012 |
| November | 65.1654 | 64.5363 | 64.9019 |
| December | 65.2024 | 64.7296 | 65.0546 |