2024 BRL to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1776.4158. Conversely, the yearly low was recorded on December 25, dropping to 1281.4203.
This high-to-low spread represents a total annual volatility of 494.9955 GNF. From a start-to-finish perspective, comparing the January average rate of 1751.0590 to the December average rate of 1410.2849, the exchange rate registered a net change of -19.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1776.4158 was down 2.83% compared to the 2023 peak of 1828.2115, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BRL 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 1691.9918, compared to 1516.5104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 175.4814 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 166.4792 GNF (High: 1447.8995 / Low: 1281.4203). On the other end, February was the most stable month, with a tight range of 30.9704 GNF (High: 1751.2814 / Low: 1720.3111).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 78.0101 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 1751.0590) against the same month in 2023 (average: 1671.0767), the exchange rate shifted by +79.9823 (+4.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1776.4158 | 1721.8117 | 1751.0590 |
| February | 1751.2814 | 1720.3111 | 1732.7525 |
| March | 1742.5839 | 1708.8023 | 1724.1964 |
| April | 1715.5636 | 1624.8894 | 1676.1266 |
| May | 1694.9236 | 1638.4224 | 1672.9132 |
| June | 1638.5621 | 1537.3977 | 1594.9031 |
| July | 1590.3079 | 1516.2953 | 1554.1537 |
| August | 1595.3776 | 1493.9305 | 1551.6922 |
| September | 1594.9186 | 1524.4980 | 1559.9110 |
| October | 1598.9338 | 1489.1796 | 1536.8389 |
| November | 1519.3750 | 1432.4709 | 1486.1815 |
| December | 1447.8995 | 1281.4203 | 1410.2849 |