2023 SOS to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SOS to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SOS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 15.4793. Conversely, the yearly low was recorded on December 16, dropping to 14.9747.
This high-to-low spread represents a total annual volatility of 0.5047 GNF. From a start-to-finish perspective, comparing the January average rate of 15.2393 to the December average rate of 15.0454, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 15.4793 was down 3.48% compared to the 2022 peak of 16.0375, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SOS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SOS to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.1871, compared to 15.0897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0974 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 0.4908 GNF (High: 15.4793 / Low: 14.9885). On the other end, December was the most stable month, with a tight range of 0.1027 GNF (High: 15.0773 / Low: 14.9747).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0667 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 15.2058) against the same month in 2022 (average: 15.3791), the exchange rate shifted by -0.1734 (-1.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.4522 | 15.1421 | 15.2393 |
| February | 15.4725 | 15.0757 | 15.2026 |
| March | 15.4793 | 14.9885 | 15.2058 |
| April | 15.3210 | 15.0821 | 15.1391 |
| May | 15.2624 | 15.1064 | 15.1689 |
| June | 15.3111 | 15.0927 | 15.1670 |
| July | 15.3080 | 15.0499 | 15.1334 |
| August | 15.2952 | 15.0789 | 15.1283 |
| September | 15.1975 | 15.0222 | 15.0927 |
| October | 15.1621 | 14.9885 | 15.0652 |
| November | 15.2601 | 15.0298 | 15.0731 |
| December | 15.0773 | 14.9747 | 15.0454 |