2023 IRR to GNF Historical Review

YEARLY HIGH

0.2098 GNF

YEARLY LOW

0.2010 GNF

YEARLY AVERAGE

0.2041 GNF

2023 IRR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.2098. Conversely, the yearly low was recorded on March 19, dropping to 0.2010.

This high-to-low spread represents a total annual volatility of 0.0088 GNF. From a start-to-finish perspective, comparing the January average rate of 0.2067 to the December average rate of 0.2037, the exchange rate registered a net change of -1.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2098 was down 5.07% compared to the 2022 peak of 0.2210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IRR based on timing:

Yearly Peak High 1,049 GNF

2022 Average 1,042 GNF

Yearly Trough Low 1,005 GNF

Transaction Impact: A difference of 44.10 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2070

0.2032

JanuMarcMayJulySeptNove

IRR to GNF 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 0.2046, compared to 0.2036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.2046

H2 Avg (Jul–Dec) 0.2036

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0072 GNF (High: 0.2082 / Low: 0.2010). On the other end, May was the most stable month, with a tight range of 0.0016 GNF (High: 0.2047 / Low: 0.2032).

March Spread (Volatile) ±0.0072

May Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2067) against the same month in 2022 (average: 0.2152), the exchange rate shifted by -0.0086 (-3.98%).

2023 Avg (January) 0.2067

2022 Avg (January) 0.2152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2098	0.2040	0.2067
February	0.2083	0.2020	0.2048
March	0.2082	0.2010	0.2048
April	0.2049	0.2014	0.2035
May	0.2047	0.2032	0.2040
June	0.2048	0.2026	0.2040
July	0.2047	0.2022	0.2037
August	0.2047	0.2031	0.2037
September	0.2049	0.2025	0.2036
October	0.2048	0.2023	0.2036
November	0.2048	0.2023	0.2035
December	0.2050	0.2025	0.2037