YEARLY HIGH
3958.3022 GNF
YEARLY LOW
3713.7394 GNF
YEARLY AVERAGE
3828.7702 GNF

2024 FJD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 3958.3022. Conversely, the yearly low was recorded on December 22, dropping to 3713.7394.

This high-to-low spread represents a total annual volatility of 244.5628 GNF. From a start-to-finish perspective, comparing the January average rate of 3848.5468 to the December average rate of 3740.8767, the exchange rate registered a net change of -2.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3958.3022 was down 3.18% compared to the 2023 peak of 4088.3644, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,791,511 GNF
2023 Average 19,331,109 GNF
Yearly Trough Low 18,568,697 GNF
Transaction Impact: A difference of 1,222,813.97 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3930.8134
3723.6098
JanuMarcMayJulySeptNove

FJD 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 3819.5255, compared to 3838.0150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.4895 points.

H1 Avg (Jan–Jun) 3819.5255
H2 Avg (Jul–Dec) 3838.0150

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 175.2712 GNF (High: 3958.3022 / Low: 3783.0310). On the other end, June was the most stable month, with a tight range of 66.5819 GNF (High: 3861.6457 / Low: 3795.0638).

October Spread (Volatile) ±175.2712
June Spread (Stable) ±66.5819

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 65.4983 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -65.4983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 3867.2683) against the same month in 2023 (average: 3769.8930), the exchange rate shifted by +97.3754 (+2.58%).

2024 Avg (October) 3867.2683
2023 Avg (October) 3769.8930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3928.3558 3790.3938 3848.5468
February 3852.0043 3780.2009 3824.7045
March 3860.4839 3765.4649 3816.6413
April 3839.4377 3746.7224 3790.6722
May 3858.4956 3751.8776 3809.0791
June 3861.6457 3795.0638 3827.5092
July 3870.2942 3793.3088 3836.6163
August 3925.2113 3788.4968 3863.4071
September 3955.4501 3852.1669 3913.5464
October 3958.3022 3783.0310 3867.2683
November 3873.1484 3754.3572 3806.3750
December 3802.1907 3713.7394 3740.8767