2023 XDR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |