2024 DJF to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DJF to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DJF to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 48.8564. Conversely, the yearly low was recorded on June 8, dropping to 47.9581.
This high-to-low spread represents a total annual volatility of 0.8983 GNF. From a start-to-finish perspective, comparing the January average rate of 48.3109 to the December average rate of 48.5254, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 48.8564 was down 1.31% compared to the 2023 peak of 49.5043, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DJF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DJF 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 48.3452, compared to 48.5169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1717 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 0.6295 GNF (High: 48.5876 / Low: 47.9581). On the other end, December was the most stable month, with a tight range of 0.2312 GNF (High: 48.6418 / Low: 48.4106).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0620 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 48.5222) against the same month in 2023 (average: 48.4024), the exchange rate shifted by +0.1198 (+0.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.5120 | 48.0472 | 48.3109 |
| February | 48.6403 | 48.1302 | 48.3447 |
| March | 48.4973 | 48.2631 | 48.3430 |
| April | 48.4198 | 48.1314 | 48.3163 |
| May | 48.6728 | 48.2550 | 48.3639 |
| June | 48.5876 | 47.9581 | 48.3925 |
| July | 48.6217 | 48.3361 | 48.4130 |
| August | 48.8564 | 48.2556 | 48.5222 |
| September | 48.6768 | 48.2360 | 48.5642 |
| October | 48.8287 | 48.4305 | 48.5692 |
| November | 48.6254 | 48.3940 | 48.5072 |
| December | 48.6418 | 48.4106 | 48.5254 |