2023 KMF to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KMF to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KMF to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 19.6425. Conversely, the yearly low was recorded on October 7, dropping to 18.2902.
This high-to-low spread represents a total annual volatility of 1.3523 GNF. From a start-to-finish perspective, comparing the January average rate of 18.9633 to the December average rate of 19.0695, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 19.6425 was down 8.40% compared to the 2022 peak of 21.4430, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KMF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
KMF 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 18.9433, compared to 18.9049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0384 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 0.8511 GNF (High: 19.2029 / Low: 18.3518). On the other end, October was the most stable month, with a tight range of 0.3029 GNF (High: 18.5931 / Low: 18.2902).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 0.4056 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 19.3201) against the same month in 2022 (average: 18.3732), the exchange rate shifted by +0.9470 (+5.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.4111 | 18.6160 | 18.9633 |
| February | 19.2533 | 18.4240 | 18.7901 |
| March | 19.1213 | 18.3896 | 18.7511 |
| April | 19.4254 | 18.9663 | 19.1586 |
| May | 19.3646 | 18.6782 | 19.0310 |
| June | 19.2222 | 18.6242 | 18.9655 |
| July | 19.6425 | 18.9330 | 19.3201 |
| August | 19.2415 | 18.8676 | 19.0749 |
| September | 18.9341 | 18.3598 | 18.6693 |
| October | 18.5931 | 18.2902 | 18.4467 |
| November | 19.2029 | 18.3518 | 18.8489 |
| December | 19.3525 | 18.7891 | 19.0695 |