2021 GIP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GIP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GIP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 14328.1792. Conversely, the yearly low was recorded on December 17, dropping to 12308.5556.
This high-to-low spread represents a total annual volatility of 2019.6235 GNF. From a start-to-finish perspective, comparing the January average rate of 13923.4716 to the December average rate of 12527.9029, the exchange rate registered a net change of -10.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 14328.1792 was up 4.78% compared to the 2020 peak of 13674.4597, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
GIP 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 13904.1621, compared to 13183.0557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 721.1063 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 602.4293 GNF (High: 13140.6108 / Low: 12538.1814). On the other end, October was the most stable month, with a tight range of 226.6457 GNF (High: 13408.2528 / Low: 13181.6071).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 478.0649 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 14111.6496) against the same month in 2020 (average: 12281.4073), the exchange rate shifted by +1830.2422 (+14.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14107.6211 | 13675.4693 | 13923.4716 |
| February | 14328.1792 | 13870.4209 | 14111.6496 |
| March | 14121.1045 | 13741.3865 | 13953.7022 |
| April | 13933.3794 | 13681.7948 | 13792.4034 |
| May | 13985.6803 | 13682.3430 | 13886.2832 |
| June | 13906.0788 | 13559.9349 | 13757.4624 |
| July | 13691.6384 | 13377.7597 | 13549.1751 |
| August | 13599.9015 | 13318.4367 | 13490.1517 |
| September | 13568.1048 | 13111.9020 | 13435.4552 |
| October | 13408.2528 | 13181.6071 | 13286.8573 |
| November | 13140.6108 | 12538.1814 | 12808.7924 |
| December | 12694.2381 | 12308.5556 | 12527.9029 |