YEARLY HIGH
29917.4517 STD
YEARLY LOW
27517.5676 STD
YEARLY AVERAGE
28477.3161 STD

2024 GIP to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GIP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 29917.4517. Conversely, the yearly low was recorded on April 22, dropping to 27517.5676.

This high-to-low spread represents a total annual volatility of 2399.8841 STD. From a start-to-finish perspective, comparing the January average rate of 28316.1023 to the December average rate of 28151.8290, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 29917.4517 was down 0.16% compared to the 2023 peak of 29964.1471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 149,587,258 STD
2023 Average 140,502,442 STD
Yearly Trough Low 137,587,838 STD
Transaction Impact: A difference of 11,999,420.53 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29616.1316
27715.9661
JanuMarcMayJulySeptNove

GIP to STD 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 28186.5200, compared to 28768.1121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 581.5921 points.

H1 Avg (Jan–Jun) 28186.5200
H2 Avg (Jul–Dec) 28768.1121

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1276.5449 STD (High: 29535.0462 / Low: 28258.5013). On the other end, January was the most stable month, with a tight range of 347.9372 STD (High: 28474.5979 / Low: 28126.6607).

August Spread (Volatile) ±1276.5449
January Spread (Stable) ±347.9372

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 660.6165 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -660.6165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 29457.7845) against the same month in 2023 (average: 27601.4355), the exchange rate shifted by +1856.3490 (+6.73%).

2024 Avg (September) 29457.7845
2023 Avg (September) 27601.4355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28474.5979 28126.6607 28316.1023
February 28400.9927 27927.3046 28144.7774
March 28649.9358 28069.6141 28314.9999
April 28247.0019 27517.5676 27874.3132
May 28457.0331 27837.0788 28156.3644
June 28542.8807 28121.7974 28312.5629
July 28986.3783 28175.4577 28676.4796
August 29535.0462 28258.5013 28847.8731
September 29917.4517 29051.3442 29457.7845
October 29577.0740 28738.0649 29067.6614
November 29061.8022 27919.0813 28407.0449
December 28476.1263 27846.0195 28151.8290