2023 PLN to GNF Historical Review

YEARLY HIGH

2206.7493 GNF

YEARLY LOW

1917.8002 GNF

YEARLY AVERAGE

2054.9807 GNF

2023 PLN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2206.7493. Conversely, the yearly low was recorded on February 18, dropping to 1917.8002.

This high-to-low spread represents a total annual volatility of 288.9491 GNF. From a start-to-finish perspective, comparing the January average rate of 1999.6150 to the December average rate of 2168.9593, the exchange rate registered a net change of 8.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2206.7493 was down 4.51% compared to the 2022 peak of 2310.8567, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 44,134,986 GNF

2022 Average 39,691,584 GNF

Yearly Trough Low 38,356,005 GNF

Transaction Impact: A difference of 5,778,981.52 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2190.8168

1928.5263

JanuMarcMayJulySeptNove

PLN 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 2019.2147, compared to 2090.7466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 71.5319 points.

H1 Avg (Jan–Jun) 2019.2147

H2 Avg (Jul–Dec) 2090.7466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 147.8099 GNF (High: 2188.5179 / Low: 2040.7080). On the other end, May was the most stable month, with a tight range of 60.6122 GNF (High: 2095.9798 / Low: 2035.3676).

November Spread (Volatile) ±147.8099

May Spread (Stable) ±60.6122

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 109.8014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -109.8014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2168.9593) against the same month in 2022 (average: 1968.2579), the exchange rate shifted by +200.7013 (+10.20%).

2023 Avg (December) 2168.9593

2022 Avg (December) 1968.2579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2081.4966	1959.0300	1999.6150
February	2021.9610	1917.8002	1950.3839
March	2010.9301	1926.1727	1971.1960
April	2073.8701	1988.1638	2032.7287
May	2095.9798	2035.3676	2064.0812
June	2136.6117	2046.6000	2097.2835
July	2176.7383	2093.9553	2141.7194
August	2144.5493	2074.1940	2107.1373
September	2073.5232	1953.8672	1997.3359
October	2060.5359	1947.8432	2014.9560
November	2188.5179	2040.7080	2114.3719
December	2206.7493	2135.8758	2168.9593