2023 LRD to GNF Historical Review

YEARLY HIGH

56.8608 GNF

YEARLY LOW

45.4473 GNF

YEARLY AVERAGE

49.6465 GNF

2023 LRD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 56.8608. Conversely, the yearly low was recorded on December 26, dropping to 45.4473.

This high-to-low spread represents a total annual volatility of 11.4135 GNF. From a start-to-finish perspective, comparing the January average rate of 55.7813 to the December average rate of 45.6997, the exchange rate registered a net change of -18.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 56.8608 was down 11.51% compared to the 2022 peak of 64.2549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 284,304 GNF

2022 Average 288,125 GNF

Yearly Trough Low 227,237 GNF

Transaction Impact: A difference of 57,067.72 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.7894

44.6915

JanuMarcMayJulySeptNove

LRD 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 53.1664, compared to 46.1265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0399 points.

H1 Avg (Jan–Jun) 53.1664

H2 Avg (Jul–Dec) 46.1265

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.2779 GNF (High: 56.0022 / Low: 52.7243). On the other end, August was the most stable month, with a tight range of 0.4272 GNF (High: 46.4698 / Low: 46.0426).

March Spread (Volatile) ±3.2779

August Spread (Stable) ±0.4272

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.5596 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -2.5596

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 55.7813) against the same month in 2022 (average: 60.9070), the exchange rate shifted by -5.1257 (-8.42%).

2023 Avg (January) 55.7813

2022 Avg (January) 60.9070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.8608	54.9180	55.7813
February	56.5043	54.4949	55.2577
March	56.0022	52.7243	54.1697
April	53.2964	51.4835	52.7252
May	52.2659	50.9516	51.6510
June	51.0620	47.7863	49.4135
July	48.0289	46.1602	46.8539
August	46.4698	46.0426	46.2190
September	46.4324	45.9048	46.1756
October	46.2834	45.8210	46.0210
November	46.1210	45.5146	45.7899
December	46.0467	45.4473	45.6997