2023 XCD to GNF Historical Review

YEARLY HIGH

3256.1840 GNF

YEARLY LOW

3141.9376 GNF

YEARLY AVERAGE

3189.0856 GNF

2023 XCD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 3256.1840. Conversely, the yearly low was recorded on March 19, dropping to 3141.9376.

This high-to-low spread represents a total annual volatility of 114.2464 GNF. From a start-to-finish perspective, comparing the January average rate of 3206.8235 to the December average rate of 3182.9311, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3256.1840 was down 5.76% compared to the 2022 peak of 3455.0702, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,280,920 GNF

2022 Average 16,294,043 GNF

Yearly Trough Low 15,709,688 GNF

Transaction Impact: A difference of 571,231.95 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3209.3015

3179.5662

JanuMarcMayJulySeptNove

XCD 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 3194.4471, compared to 3183.7240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.7231 points.

H1 Avg (Jan–Jun) 3194.4471

H2 Avg (Jul–Dec) 3183.7240

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 114.2464 GNF (High: 3256.1840 / Low: 3141.9376). On the other end, May was the most stable month, with a tight range of 25.8300 GNF (High: 3202.5309 / Low: 3176.7009).

March Spread (Volatile) ±114.2464

May Spread (Stable) ±25.8300

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 March and April, when the average rate fell by 13.5555 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -13.5555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3206.8235) against the same month in 2022 (average: 3365.7470), the exchange rate shifted by -158.9235 (-4.72%).

2023 Avg (January) 3206.8235

2022 Avg (January) 3365.7470

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3256.1840	3177.3816	3206.8235
February	3256.1840	3157.3752	3198.8887
March	3256.1840	3141.9376	3195.8194
April	3202.5309	3148.0068	3182.2639
May	3202.5309	3176.7009	3191.2958
June	3202.9010	3169.4748	3191.5915
July	3200.6808	3161.1078	3184.8082
August	3202.5309	3176.6564	3186.2677
September	3202.5309	3166.1427	3183.9105
October	3202.5309	3162.9078	3182.3824
November	3200.6808	3161.8935	3182.0441
December	3195.5251	3167.3790	3182.9311