2023 SLL to GNF Historical Review

YEARLY HIGH

0.4982 GNF

YEARLY LOW

0.4075 GNF

YEARLY AVERAGE

0.4551 GNF

2023 SLL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.4982. Conversely, the yearly low was recorded on November 5, dropping to 0.4075.

This high-to-low spread represents a total annual volatility of 0.0907 GNF. From a start-to-finish perspective, comparing the January average rate of 0.4906 to the December average rate of 0.4102, the exchange rate registered a net change of -16.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4982 was down 39.81% compared to the 2022 peak of 0.8276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,491 GNF

2022 Average 3,287 GNF

Yearly Trough Low 2,038 GNF

Transaction Impact: A difference of 453.28 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4987

0.4021

JanuMarcMayJulySeptNove

SLL 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 0.4887, compared to 0.4215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0673 points.

H1 Avg (Jan–Jun) 0.4887

H2 Avg (Jul–Dec) 0.4215

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0810 GNF (High: 0.4897 / Low: 0.4087). On the other end, August was the most stable month, with a tight range of 0.0033 GNF (High: 0.4127 / Low: 0.4094).

July Spread (Volatile) ±0.0810

August Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0667 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4906) against the same month in 2022 (average: 0.8015), the exchange rate shifted by -0.3109 (-38.79%).

2023 Avg (January) 0.4906

2022 Avg (January) 0.8015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4982	0.4861	0.4906
February	0.4982	0.4830	0.4894
March	0.4982	0.4807	0.4889
April	0.4900	0.4816	0.4869
May	0.4900	0.4860	0.4882
June	0.4900	0.4849	0.4883
July	0.4897	0.4087	0.4773
August	0.4127	0.4094	0.4106
September	0.4127	0.4081	0.4103
October	0.4127	0.4076	0.4101
November	0.4125	0.4075	0.4101
December	0.4118	0.4082	0.4102