2024 FKP to GNF Historical Review

YEARLY HIGH

11603.8419 GNF

YEARLY LOW

10620.9376 GNF

YEARLY AVERAGE

11006.6162 GNF

2024 FKP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 11603.8419. Conversely, the yearly low was recorded on April 21, dropping to 10620.9376.

This high-to-low spread represents a total annual volatility of 982.9043 GNF. From a start-to-finish perspective, comparing the January average rate of 10922.7197 to the December average rate of 10904.3274, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11603.8419 was up 2.53% compared to the 2023 peak of 11317.4959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,019,209 GNF

2023 Average 53,603,075 GNF

Yearly Trough Low 53,104,688 GNF

Transaction Impact: A difference of 4,914,521.61 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11490.8547

10679.6244

JanuMarcMayJulySeptNove

FKP 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 10874.7175, compared to 11138.5150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 263.7975 points.

H1 Avg (Jan–Jun) 10874.7175

H2 Avg (Jul–Dec) 11138.5150

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 501.8288 GNF (High: 11430.9341 / Low: 10929.1053). On the other end, January was the most stable month, with a tight range of 118.3181 GNF (High: 10974.4868 / Low: 10856.1686).

August Spread (Volatile) ±501.8288

January Spread (Stable) ±118.3181

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 October and November, when the average rate fell by 269.9521 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -269.9521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 11423.2522) against the same month in 2023 (average: 10658.8601), the exchange rate shifted by +764.3922 (+7.17%).

2024 Avg (September) 11423.2522

2023 Avg (September) 10658.8601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10974.4868	10856.1686	10922.7197
February	10974.5419	10786.3189	10866.0233
March	11051.4500	10781.7480	10920.0758
April	10894.0310	10620.9376	10747.2269
May	10988.5142	10739.4345	10859.0025
June	11014.5504	10861.1092	10933.2567
July	11201.1305	10874.7469	11079.5238
August	11430.9341	10929.1053	11157.1345
September	11603.8419	11267.8644	11423.2522
October	11515.2979	11122.2562	11268.4021
November	11252.8928	10798.1353	10998.4500
December	11029.0051	10798.7723	10904.3274