YEARLY HIGH
2.0253 AUD
YEARLY LOW
1.8656 AUD
YEARLY AVERAGE
1.9374 AUD

2024 GBP to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GBP to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.0253. Conversely, the yearly low was recorded on January 2, dropping to 1.8656.

This high-to-low spread represents a total annual volatility of 0.1597 AUD. From a start-to-finish perspective, comparing the January average rate of 1.9127 to the December average rate of 1.9978, the exchange rate registered a net change of 4.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0253 was up 1.43% compared to the 2023 peak of 1.9968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,127 AUD
2023 Average 9,367 AUD
Yearly Trough Low 9,328 AUD
Transaction Impact: A difference of 798.71 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0070
1.8970
JanuMarcMayJulySeptNove

GBP to AUD 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 1.9213, compared to 1.9536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0323 points.

H1 Avg (Jan–Jun) 1.9213
H2 Avg (Jul–Dec) 1.9536

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0718 AUD (High: 2.0253 / Low: 1.9535). On the other end, February was the most stable month, with a tight range of 0.0244 AUD (High: 1.9510 / Low: 1.9265).

December Spread (Volatile) ±0.0718
February Spread (Stable) ±0.0244

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0165 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.9978) against the same month in 2023 (average: 1.8897), the exchange rate shifted by +0.1081 (+5.72%).

2024 Avg (December) 1.9978
2023 Avg (December) 1.8897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9348 1.8656 1.9127
February 1.9510 1.9265 1.9353
March 1.9534 1.9266 1.9377
April 1.9385 1.9112 1.9227
May 1.9232 1.8932 1.9061
June 1.9338 1.8930 1.9131
July 1.9659 1.8967 1.9280
August 1.9680 1.9289 1.9456
September 1.9691 1.9343 1.9522
October 1.9839 1.9166 1.9458
November 1.9710 1.9257 1.9519
December 2.0253 1.9535 1.9978