2024 ALL to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ALL to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ALL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 97.7661. Conversely, the yearly low was recorded on February 14, dropping to 88.7071.
This high-to-low spread represents a total annual volatility of 9.0590 GNF. From a start-to-finish perspective, comparing the January average rate of 90.2793 to the December average rate of 91.9756, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 97.7661 was up 1.72% compared to the 2023 peak of 96.1152, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ALL 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 90.9085, compared to 94.2598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3513 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 4.4429 GNF (High: 95.9438 / Low: 91.5010). On the other end, December was the most stable month, with a tight range of 1.5886 GNF (High: 92.7660 / Low: 91.1774).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.8847 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 96.5807) against the same month in 2023 (average: 85.9572), the exchange rate shifted by +10.6235 (+12.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 91.9308 | 89.5325 | 90.2793 |
| February | 90.5172 | 88.7071 | 89.4114 |
| March | 91.3679 | 89.4932 | 90.3244 |
| April | 91.6794 | 89.8000 | 90.7908 |
| May | 93.3009 | 91.5687 | 92.3992 |
| June | 93.4351 | 91.5959 | 92.2459 |
| July | 93.9257 | 92.0101 | 93.1021 |
| August | 96.4704 | 92.8841 | 94.9737 |
| September | 97.7661 | 95.5298 | 96.5807 |
| October | 97.5526 | 94.3505 | 95.4058 |
| November | 95.9438 | 91.5010 | 93.5211 |
| December | 92.7660 | 91.1774 | 91.9756 |