2023 STD to GNF Historical Review

YEARLY HIGH

0.3884 GNF

YEARLY LOW

0.3720 GNF

YEARLY AVERAGE

0.3815 GNF

2023 STD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.3884. Conversely, the yearly low was recorded on March 19, dropping to 0.3720.

This high-to-low spread represents a total annual volatility of 0.0164 GNF. From a start-to-finish perspective, comparing the January average rate of 0.3797 to the December average rate of 0.3861, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3884 was down 11.95% compared to the 2022 peak of 0.4411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,942 GNF

2022 Average 1,989 GNF

Yearly Trough Low 1,860 GNF

Transaction Impact: A difference of 82.01 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3874

0.3758

JanuMarcMayJulySeptNove

STD 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 0.3782, compared to 0.3848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.3782

H2 Avg (Jul–Dec) 0.3848

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0139 GNF (High: 0.3882 / Low: 0.3743). On the other end, May was the most stable month, with a tight range of 0.0031 GNF (High: 0.3792 / Low: 0.3761).

July Spread (Volatile) ±0.0139

May Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.3865) against the same month in 2022 (average: 0.3890), the exchange rate shifted by -0.0025 (-0.64%).

2023 Avg (August) 0.3865

2022 Avg (August) 0.3890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3856	0.3762	0.3797
February	0.3856	0.3739	0.3788
March	0.3856	0.3720	0.3784
April	0.3792	0.3728	0.3768
May	0.3792	0.3761	0.3779
June	0.3793	0.3753	0.3779
July	0.3882	0.3743	0.3783
August	0.3884	0.3853	0.3865
September	0.3884	0.3840	0.3862
October	0.3884	0.3836	0.3860
November	0.3882	0.3835	0.3859
December	0.3876	0.3842	0.3861