2023 TTD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TTD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TTD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 1298.0132. Conversely, the yearly low was recorded on December 26, dropping to 1256.0182.
This high-to-low spread represents a total annual volatility of 41.9950 GNF. From a start-to-finish perspective, comparing the January average rate of 1276.3712 to the December average rate of 1265.3159, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1298.0132 was down 5.45% compared to the 2022 peak of 1372.7794, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TTD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TTD 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 1272.3988, compared to 1268.1262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2725 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 39.3409 GNF (High: 1296.4574 / Low: 1257.1164). On the other end, November was the most stable month, with a tight range of 9.0320 GNF (High: 1273.4690 / Low: 1264.4370).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 5.7832 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 1274.0373) against the same month in 2022 (average: 1317.3517), the exchange rate shifted by -43.3144 (-3.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1296.1415 | 1267.4641 | 1276.3712 |
| February | 1296.4574 | 1257.1164 | 1273.0488 |
| March | 1298.0132 | 1265.0273 | 1274.0373 |
| April | 1277.0766 | 1262.6958 | 1268.2541 |
| May | 1278.3933 | 1265.9216 | 1271.1365 |
| June | 1280.5208 | 1266.5286 | 1271.5448 |
| July | 1275.2904 | 1266.0096 | 1269.5455 |
| August | 1284.8359 | 1263.2694 | 1269.0118 |
| September | 1277.1899 | 1263.7862 | 1268.7480 |
| October | 1273.6734 | 1264.4596 | 1267.9801 |
| November | 1273.4690 | 1264.4370 | 1268.1562 |
| December | 1269.2209 | 1256.0182 | 1265.3159 |