2024 EUR to GNF Historical Review

YEARLY HIGH

9671.6452 GNF

YEARLY LOW

8942.5841 GNF

YEARLY AVERAGE

9319.5442 GNF

2024 EUR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 9671.6452. Conversely, the yearly low was recorded on December 18, dropping to 8942.5841.

This high-to-low spread represents a total annual volatility of 729.0610 GNF. From a start-to-finish perspective, comparing the January average rate of 9377.4561 to the December average rate of 9038.1598, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 9671.6452 was down 0.32% compared to the 2023 peak of 9702.8060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,358,226 GNF

2023 Average 46,642,890 GNF

Yearly Trough Low 44,712,921 GNF

Transaction Impact: A difference of 3,645,305.16 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9656.1072

8981.9828

JanuMarcMayJulySeptNove

EUR 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 9294.8232, compared to 9344.2652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 49.4420 points.

H1 Avg (Jan–Jun) 9294.8232

H2 Avg (Jul–Dec) 9344.2652

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 455.7772 GNF (High: 9433.4736 / Low: 8977.6964). On the other end, May was the most stable month, with a tight range of 143.6504 GNF (High: 9355.6498 / Low: 9211.9994).

November Spread (Volatile) ±455.7772

May Spread (Stable) ±143.6504

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 243.4629 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -243.4629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 9599.9301) against the same month in 2023 (average: 9188.5332), the exchange rate shifted by +411.3969 (+4.48%).

2024 Avg (September) 9599.9301

2023 Avg (September) 9188.5332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9516.3800	9281.8081	9377.4561
February	9362.8377	9207.6438	9286.0304
March	9417.9489	9255.3703	9341.8798
April	9331.5150	9124.3552	9210.9897
May	9355.6498	9211.9994	9292.4494
June	9378.5283	9185.4246	9260.1337
July	9420.0964	9233.5608	9344.4840
August	9668.9632	9292.9275	9500.4774
September	9671.6452	9515.3662	9599.9301
October	9598.4323	9299.9786	9413.0014
November	9433.4736	8977.6964	9169.5385
December	9129.7656	8942.5841	9038.1598