YEARLY HIGH
5972.8977 GNF
YEARLY LOW
5346.2148 GNF
YEARLY AVERAGE
5681.8772 GNF

2024 AUD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 5972.8977. Conversely, the yearly low was recorded on December 31, dropping to 5346.2148.

This high-to-low spread represents a total annual volatility of 626.6829 GNF. From a start-to-finish perspective, comparing the January average rate of 5711.1508 to the December average rate of 5458.8764, the exchange rate registered a net change of -4.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5972.8977 was down 5.10% compared to the 2023 peak of 6293.7613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,864,489 GNF
2023 Average 28,637,481 GNF
Yearly Trough Low 26,731,074 GNF
Transaction Impact: A difference of 3,133,414.72 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5890.9911
5419.5932
JanuMarcMayJulySeptNove

AUD 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 5660.5742, compared to 5703.1803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.6060 points.

H1 Avg (Jan–Jun) 5660.5742
H2 Avg (Jul–Dec) 5703.1803

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 314.0455 GNF (High: 5972.2620 / Low: 5658.2165). On the other end, June was the most stable month, with a tight range of 91.4144 GNF (High: 5754.6598 / Low: 5663.2454).

October Spread (Volatile) ±314.0455
June Spread (Stable) ±91.4144

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 175.7400 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -175.7400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 5851.7079) against the same month in 2023 (average: 5526.1722), the exchange rate shifted by +325.5357 (+5.89%).

2024 Avg (September) 5851.7079
2023 Avg (September) 5526.1722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5871.0883 5621.6764 5711.1508
February 5660.6006 5548.9071 5614.6630
March 5710.3943 5575.2042 5635.7453
April 5695.9356 5508.7814 5589.8713
May 5762.0442 5612.6544 5696.9270
June 5754.6598 5663.2454 5715.0878
July 5828.0408 5633.8141 5747.3668
August 5872.9862 5560.5150 5734.7711
September 5972.8977 5752.6500 5851.7079
October 5972.2620 5658.2165 5791.7429
November 5756.7018 5571.2446 5634.6164
December 5597.1247 5346.2148 5458.8764