YEARLY HIGH
4817.0604 GNF
YEARLY LOW
4754.7901 GNF
YEARLY AVERAGE
4779.0076 GNF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 24,085,302 GNF
2023 Average 23,920,276 GNF
Yearly Trough Low 23,773,950 GNF
Transaction Impact: A difference of 311,351.60 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4796.0214
4766.2941
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 4770.7892
H2 Avg (Jul–Dec) 4787.2260

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±31.9609
May Spread (Stable) ±6.7712

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.9743

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (October) 4789.5698
2023 Avg (October) 4775.1286

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