YEARLY HIGH
15.7794 GNF
YEARLY LOW
14.1912 GNF
YEARLY AVERAGE
14.4573 GNF

2023 SDG to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 15.7794. Conversely, the yearly low was recorded on April 30, dropping to 14.1912.

This high-to-low spread represents a total annual volatility of 1.5882 GNF. From a start-to-finish perspective, comparing the January average rate of 15.0250 to the December average rate of 14.3129, the exchange rate registered a net change of -4.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.7794 was down 26.07% compared to the 2022 peak of 21.3429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,897 GNF
2022 Average 89,638 GNF
Yearly Trough Low 70,956 GNF
Transaction Impact: A difference of 7,940.87 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.0965
14.2395
JanuMarcMayJulySeptNove

SDG 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 14.5903, compared to 14.3243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2660 points.

H1 Avg (Jan–Jun) 14.5903
H2 Avg (Jul–Dec) 14.3243

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.5519 GNF (High: 15.7794 / Low: 14.2275). On the other end, December was the most stable month, with a tight range of 0.1266 GNF (High: 14.3695 / Low: 14.2429).

November Spread (Volatile) ±1.5519
December Spread (Stable) ±0.1266

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.2635 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2635

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 14.3705) against the same month in 2022 (average: 15.2443), the exchange rate shifted by -0.8738 (-5.73%).

2023 Avg (November) 14.3705
2022 Avg (November) 15.2443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.3182 14.7784 15.0250
February 15.0556 14.5863 14.7634
March 15.1396 14.3071 14.6492
April 14.9854 14.1912 14.3857
May 14.4612 14.3087 14.3721
June 14.4147 14.2405 14.3466
July 14.4047 14.2029 14.3196
August 14.4010 14.2728 14.3198
September 14.4010 14.2255 14.3109
October 14.4010 14.2110 14.3123
November 15.7794 14.2275 14.3705
December 14.3695 14.2429 14.3129