2024 CHF to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |