YEARLY HIGH
35.1578 GNF
YEARLY LOW
33.9243 GNF
YEARLY AVERAGE
34.4306 GNF

2023 YER to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 35.1578. Conversely, the yearly low was recorded on March 19, dropping to 33.9243.

This high-to-low spread represents a total annual volatility of 1.2335 GNF. From a start-to-finish perspective, comparing the January average rate of 34.6212 to the December average rate of 34.3768, the exchange rate registered a net change of -0.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.1578 was down 5.78% compared to the 2022 peak of 37.3127, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175,789 GNF
2022 Average 175,959 GNF
Yearly Trough Low 169,621 GNF
Transaction Impact: A difference of 6,167.66 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.6480
34.3265
JanuMarcMayJulySeptNove

YER 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 34.4873, compared to 34.3739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1134 points.

H1 Avg (Jan–Jun) 34.4873
H2 Avg (Jul–Dec) 34.3739

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.2335 GNF (High: 35.1578 / Low: 33.9243). On the other end, May was the most stable month, with a tight range of 0.2789 GNF (High: 34.5716 / Low: 34.2928).

March Spread (Volatile) ±1.2335
May Spread (Stable) ±0.2789

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 0.1508 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 34.5056) against the same month in 2022 (average: 35.7490), the exchange rate shifted by -1.2435 (-3.48%).

2023 Avg (March) 34.5056
2022 Avg (March) 35.7490

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.1438 34.3070 34.6212
February 35.1543 34.0841 34.5338
March 35.1578 33.9243 34.5056
April 34.5820 33.9830 34.3548
May 34.5716 34.2928 34.4535
June 34.5825 34.2148 34.4551
July 34.5516 34.1244 34.3839
August 34.5785 34.2923 34.4017
September 34.5751 34.1822 34.3719
October 34.5716 34.1370 34.3559
November 34.5534 34.1329 34.3533
December 34.4925 34.1955 34.3768