YEARLY HIGH
1006.1961 GNF
YEARLY LOW
974.9718 GNF
YEARLY AVERAGE
985.4356 GNF

2023 SVC to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 1006.1961. Conversely, the yearly low was recorded on February 18, dropping to 974.9718.

This high-to-low spread represents a total annual volatility of 31.2244 GNF. From a start-to-finish perspective, comparing the January average rate of 990.4403 to the December average rate of 982.0693, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1006.1961 was down 5.67% compared to the 2022 peak of 1066.6663, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,030,981 GNF
2022 Average 5,032,439 GNF
Yearly Trough Low 4,874,859 GNF
Transaction Impact: A difference of 156,121.79 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

991.2774
981.2321
JanuMarcMayJulySeptNove

SVC 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 987.1495, compared to 983.7218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4277 points.

H1 Avg (Jan–Jun) 987.1495
H2 Avg (Jul–Dec) 983.7218

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 31.2244 GNF (High: 1006.1961 / Low: 974.9718). On the other end, December was the most stable month, with a tight range of 6.7787 GNF (High: 983.2911 / Low: 976.5125).

February Spread (Volatile) ±31.2244
December Spread (Stable) ±6.7787

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 4.6265 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.6265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 987.9112) against the same month in 2022 (average: 1030.4031), the exchange rate shifted by -42.4920 (-4.12%).

2023 Avg (February) 987.9112
2022 Avg (February) 1030.4031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1005.4594 983.9354 990.4403
February 1006.1961 974.9718 987.9112
March 1005.5234 983.2932 988.5547
April 990.6619 979.8897 983.9282
May 991.6860 982.3280 986.1293
June 991.0593 982.3864 985.9331
July 989.9390 982.4830 984.8410
August 995.5600 981.3919 984.1579
September 990.7673 980.8344 983.6161
October 988.7309 981.0238 983.6393
November 989.1743 981.6320 984.0073
December 983.2911 976.5125 982.0693