2024 ANG to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ANG to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ANG to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 4817.0604. Conversely, the yearly low was recorded on April 29, dropping to 4754.7901.
This high-to-low spread represents a total annual volatility of 62.2703 GNF. From a start-to-finish perspective, comparing the January average rate of 4769.8547 to the December average rate of 4790.3374, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 4817.0604 was down 1.39% compared to the 2023 peak of 4884.8453, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ANG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ANG 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 4770.7892, compared to 4787.2260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.4368 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 31.9609 GNF (High: 4817.0604 / Low: 4785.0995). On the other end, May was the most stable month, with a tight range of 6.7712 GNF (High: 4774.5580 / Low: 4767.7868).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.9743 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 4789.5698) against the same month in 2023 (average: 4775.1286), the exchange rate shifted by +14.4411 (+0.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4787.5945 | 4759.6500 | 4769.8547 |
| February | 4785.8778 | 4755.1067 | 4771.2216 |
| March | 4792.8112 | 4767.4833 | 4770.9395 |
| April | 4782.2359 | 4754.7901 | 4768.7714 |
| May | 4774.5580 | 4767.7868 | 4769.6529 |
| June | 4778.2649 | 4769.7559 | 4774.2950 |
| July | 4799.1686 | 4770.3068 | 4778.1995 |
| August | 4792.2367 | 4781.8770 | 4785.8256 |
| September | 4799.7520 | 4784.9046 | 4793.5441 |
| October | 4817.0604 | 4785.0995 | 4789.5698 |
| November | 4807.4715 | 4778.8701 | 4785.8798 |
| December | 4796.2021 | 4781.4031 | 4790.3374 |