2024 CHF to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 84.3538. Conversely, the yearly low was recorded on April 30, dropping to 73.6966.
This high-to-low spread represents a total annual volatility of 10.6572 GMD. From a start-to-finish perspective, comparing the January average rate of 78.4171 to the December average rate of 80.5146, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 84.3538 was up 5.36% compared to the 2023 peak of 80.0659, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF to GMD 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 76.1458, compared to 80.2352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0893 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 5.3136 GMD (High: 84.3538 / Low: 79.0402). On the other end, May was the most stable month, with a tight range of 1.2822 GMD (High: 75.2201 / Low: 73.9379).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.8335 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 81.4554) against the same month in 2023 (average: 68.9521), the exchange rate shifted by +12.5033 (+18.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.9800 | 77.4295 | 78.4171 |
| February | 78.5879 | 76.2825 | 77.0922 |
| March | 77.4768 | 75.0024 | 76.4380 |
| April | 75.3408 | 73.6966 | 74.6045 |
| May | 75.2201 | 73.9379 | 74.5537 |
| June | 76.6222 | 75.0783 | 75.7695 |
| July | 79.1342 | 74.9633 | 76.0664 |
| August | 84.3538 | 79.0402 | 81.4554 |
| September | 83.5432 | 80.5099 | 82.1330 |
| October | 82.3558 | 78.7271 | 80.4352 |
| November | 82.8993 | 79.4361 | 80.8065 |
| December | 81.9626 | 79.3166 | 80.5146 |