YEARLY HIGH
5.8044 GNF
YEARLY LOW
0.5612 GNF
YEARLY AVERAGE
1.0771 GNF

2023 LBP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 5.8044. Conversely, the yearly low was recorded on February 18, dropping to 0.5612.

This high-to-low spread represents a total annual volatility of 5.2432 GNF. From a start-to-finish perspective, comparing the January average rate of 5.7172 to the December average rate of 0.5716, the exchange rate registered a net change of -90.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 5.8044 was down 6.08% compared to the 2022 peak of 6.1804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,022 GNF
2022 Average 29,055 GNF
Yearly Trough Low 2,806 GNF
Transaction Impact: A difference of 26,215.95 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.2319
0.0550
JanuMarcMayJulySeptNove

LBP 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 1.5821, compared to 0.5720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0101 points.

H1 Avg (Jan–Jun) 1.5821
H2 Avg (Jul–Dec) 0.5720

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 5.1959 GNF (High: 5.7571 / Low: 0.5612). On the other end, December was the most stable month, with a tight range of 0.0042 GNF (High: 0.5724 / Low: 0.5682).

February Spread (Volatile) ±5.1959
December Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between June and August, 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 4.2263 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.2263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 5.7172) against the same month in 2022 (average: 6.0173), the exchange rate shifted by -0.3001 (-4.99%).

2023 Avg (January) 5.7172
2022 Avg (January) 6.0173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.8044 5.6589 5.7172
February 5.7571 0.5612 1.4909
March 0.5807 0.5657 0.5729
April 0.5753 0.5645 0.5697
May 0.5781 0.5636 0.5717
June 0.5761 0.5670 0.5704
July 0.5761 0.5632 0.5713
August 0.5765 0.5671 0.5718
September 0.5768 0.5655 0.5716
October 0.5772 0.5690 0.5726
November 0.5803 0.5714 0.5731
December 0.5724 0.5682 0.5716