2024 CNY to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1234.0122. Conversely, the yearly low was recorded on December 22, dropping to 1179.3377.
This high-to-low spread represents a total annual volatility of 54.6745 GNF. From a start-to-finish perspective, comparing the January average rate of 1208.7801 to the December average rate of 1185.2881, the exchange rate registered a net change of -1.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1234.0122 was down 5.79% compared to the 2023 peak of 1309.8613, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY 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 1197.4658, compared to 1202.4444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9786 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 34.5622 GNF (High: 1217.6190 / Low: 1183.0568). On the other end, December was the most stable month, with a tight range of 11.0424 GNF (High: 1190.3801 / Low: 1179.3377).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 21.1485 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 1218.4106) against the same month in 2023 (average: 1182.3065), the exchange rate shifted by +36.1041 (+3.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1218.1144 | 1194.3084 | 1208.7801 |
| February | 1214.2159 | 1193.8346 | 1201.8657 |
| March | 1205.4748 | 1183.6685 | 1194.0493 |
| April | 1211.2225 | 1183.5175 | 1188.5174 |
| May | 1214.4610 | 1184.0215 | 1199.1581 |
| June | 1217.6190 | 1183.0568 | 1192.4245 |
| July | 1206.5066 | 1181.3946 | 1186.3530 |
| August | 1218.5009 | 1189.3390 | 1205.9351 |
| September | 1232.1178 | 1212.6260 | 1221.4175 |
| October | 1234.0122 | 1209.1347 | 1218.4106 |
| November | 1215.6693 | 1187.8605 | 1197.2621 |
| December | 1190.3801 | 1179.3377 | 1185.2881 |