YEARLY HIGH
11899.7554 GNF
YEARLY LOW
11254.4177 GNF
YEARLY AVERAGE
11503.2829 GNF

2023 XDR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 11899.7554. Conversely, the yearly low was recorded on November 2, dropping to 11254.4177.

This high-to-low spread represents a total annual volatility of 645.3377 GNF. From a start-to-finish perspective, comparing the January average rate of 11643.1477 to the December average rate of 11472.0300, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11899.7554 was down 9.28% compared to the 2022 peak of 13116.4743, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,498,777 GNF
2022 Average 60,404,049 GNF
Yearly Trough Low 56,272,088 GNF
Transaction Impact: A difference of 3,226,688.58 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11677.9956
11259.8214
JanuMarcMayJulySeptNove

XDR 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 11577.2740, compared to 11429.2918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 147.9822 points.

H1 Avg (Jan–Jun) 11577.2740
H2 Avg (Jul–Dec) 11429.2918

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 388.5167 GNF (High: 11899.7554 / Low: 11511.2387). On the other end, October was the most stable month, with a tight range of 84.2943 GNF (High: 11340.4831 / Low: 11256.1888).

January Spread (Volatile) ±388.5167
October Spread (Stable) ±84.2943

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 120.2728 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -120.2728

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 11643.1477) against the same month in 2022 (average: 12762.0969), the exchange rate shifted by -1118.9492 (-8.77%).

2023 Avg (January) 11643.1477
2022 Avg (January) 12762.0969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11899.7554 11511.2387 11643.1477
February 11787.4771 11402.9807 11578.9697
March 11697.5544 11429.6298 11524.2508
April 11690.7009 11534.8129 11607.9171
May 11706.8761 11446.5242 11597.1147
June 11598.3615 11437.4251 11512.2439
July 11683.4422 11434.3197 11566.3827
August 11697.5267 11393.4916 11496.0000
September 11455.7468 11256.9201 11375.7272
October 11340.4831 11256.1888 11294.6693
November 11472.3465 11254.4177 11370.9413
December 11540.1879 11404.8129 11472.0300