YEARLY HIGH
10269.4587 GNF
YEARLY LOW
9351.4229 GNF
YEARLY AVERAGE
9784.8861 GNF

2024 CHF to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 10269.4587. Conversely, the yearly low was recorded on April 30, dropping to 9351.4229.

This high-to-low spread represents a total annual volatility of 918.0358 GNF. From a start-to-finish perspective, comparing the January average rate of 10016.0986 to the December average rate of 9676.7824, the exchange rate registered a net change of -3.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10269.4587 was up 0.24% compared to the 2023 peak of 10244.7371, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,347,293 GNF
2023 Average 47,988,440 GNF
Yearly Trough Low 46,757,114 GNF
Transaction Impact: A difference of 4,590,179.14 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10277.3658
9363.7385
JanuMarcMayJulySeptNove

CHF 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 9668.3193, compared to 9901.4529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 233.1336 points.

H1 Avg (Jan–Jun) 9668.3193
H2 Avg (Jul–Dec) 9901.4529

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 381.1918 GNF (High: 10250.1497 / Low: 9868.9578). On the other end, September was the most stable month, with a tight range of 133.8873 GNF (High: 10269.4587 / Low: 10135.5714).

August Spread (Volatile) ±381.1918
September Spread (Stable) ±133.8873

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 231.0378 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -231.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 10201.2302) against the same month in 2023 (average: 9571.8898), the exchange rate shifted by +629.3404 (+6.57%).

2024 Avg (September) 10201.2302
2023 Avg (September) 9571.8898

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10241.5856 9884.3721 10016.0986
February 10039.2007 9688.5009 9810.3323
March 9802.2566 9492.3938 9669.3533
April 9532.3156 9351.4229 9439.8741
May 9539.7422 9371.7657 9453.3214
June 9733.0073 9522.1971 9620.9361
July 9811.4252 9520.6149 9654.1668
August 10250.1497 9868.9578 10050.4307
September 10269.4587 10135.5714 10201.2302
October 10251.1136 9948.8930 10028.5726
November 10003.1513 9643.7748 9797.5349
December 9828.8931 9522.9905 9676.7824