2024 FJD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |