2024 BND to GNF Historical Review

YEARLY HIGH

6742.9455 GNF

YEARLY LOW

6297.0911 GNF

YEARLY AVERAGE

6446.4517 GNF

2024 BND to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 6742.9455. Conversely, the yearly low was recorded on April 27, dropping to 6297.0911.

This high-to-low spread represents a total annual volatility of 445.8544 GNF. From a start-to-finish perspective, comparing the January average rate of 6438.1587 to the December average rate of 6393.1824, the exchange rate registered a net change of -0.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6742.9455 was up 0.70% compared to the 2023 peak of 6696.2621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,714,727 GNF

2023 Average 32,101,788 GNF

Yearly Trough Low 31,485,455 GNF

Transaction Impact: A difference of 2,229,272.05 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6698.0098

6301.9975

JanuMarcMayJulySeptNove

BND 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 6384.1812, compared to 6508.7222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 124.5409 points.

H1 Avg (Jan–Jun) 6384.1812

H2 Avg (Jul–Dec) 6508.7222

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 234.8303 GNF (High: 6742.9455 / Low: 6508.1152). On the other end, June was the most stable month, with a tight range of 52.9935 GNF (High: 6391.7485 / Low: 6338.7550).

October Spread (Volatile) ±234.8303

June Spread (Stable) ±52.9935

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 October and November, when the average rate fell by 136.3523 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -136.3523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 6592.7182) against the same month in 2023 (average: 6283.7274), the exchange rate shifted by +308.9907 (+4.92%).

2024 Avg (October) 6592.7182

2023 Avg (October) 6283.7274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6517.0588	6384.3757	6438.1587
February	6446.6278	6371.0917	6397.5905
March	6461.3077	6361.4717	6410.4671
April	6385.7103	6297.0911	6334.9985
May	6394.6301	6297.8255	6359.5970
June	6391.7485	6338.7550	6364.2756
July	6429.9212	6335.1298	6394.7518
August	6625.7073	6444.0064	6550.3059
September	6738.1685	6595.0024	6665.0088
October	6742.9455	6508.1152	6592.7182
November	6554.2566	6395.2927	6456.3659
December	6438.0122	6340.8248	6393.1824