2024 CNY to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 29.9310. Conversely, the yearly low was recorded on December 22, dropping to 28.5589.
This high-to-low spread represents a total annual volatility of 1.3721 GYD. From a start-to-finish perspective, comparing the January average rate of 29.4318 to the December average rate of 28.7191, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 29.9310 was down 4.78% compared to the 2023 peak of 31.4337, 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 GYD 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 29.1497, compared to 29.1558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 0.9549 GYD (High: 29.7688 / Low: 28.8139). On the other end, December was the most stable month, with a tight range of 0.3142 GYD (High: 28.8730 / Low: 28.5589).
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 0.4885 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 29.5260) against the same month in 2023 (average: 28.7544), the exchange rate shifted by +0.7716 (+2.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.6623 | 29.0961 | 29.4318 |
| February | 29.6422 | 29.0085 | 29.2419 |
| March | 29.7688 | 28.8139 | 29.0890 |
| April | 29.5114 | 28.8374 | 28.9492 |
| May | 29.5666 | 28.8261 | 29.1921 |
| June | 29.6319 | 28.7347 | 28.9941 |
| July | 29.3083 | 28.7090 | 28.8217 |
| August | 29.5621 | 28.8569 | 29.2522 |
| September | 29.8494 | 29.3415 | 29.5781 |
| October | 29.9310 | 29.3197 | 29.5260 |
| November | 29.5163 | 28.7798 | 29.0375 |
| December | 28.8730 | 28.5589 | 28.7191 |