2024 GNF to AFN Historical Review

YEARLY HIGH

0.0087 AFN

YEARLY LOW

0.0075 AFN

YEARLY AVERAGE

0.0082 AFN

2024 GNF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0087. Conversely, the yearly low was recorded on October 17, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0011 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0083 to the December average rate of 0.0080, the exchange rate registered a net change of -3.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0087 was down 18.09% compared to the 2023 peak of 0.0106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43 AFN

2023 Average 48 AFN

Yearly Trough Low 38 AFN

Transaction Impact: A difference of 5.75 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0086

0.0077

JanuMarcMayJulySeptNove

GNF to AFN 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 0.0084, compared to 0.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0084

H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0005 AFN (High: 0.0087 / Low: 0.0081). On the other end, July was the most stable month, with a tight range of 0.0001 AFN (High: 0.0083 / Low: 0.0081).

January Spread (Volatile) ±0.0005

July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0085) against the same month in 2023 (average: 0.0104), the exchange rate shifted by -0.0019 (-17.98%).

2024 Avg (February) 0.0085

2023 Avg (February) 0.0104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0087	0.0081	0.0083
February	0.0087	0.0084	0.0085
March	0.0085	0.0083	0.0084
April	0.0084	0.0083	0.0084
May	0.0084	0.0082	0.0083
June	0.0083	0.0081	0.0082
July	0.0083	0.0081	0.0082
August	0.0083	0.0081	0.0082
September	0.0082	0.0079	0.0080
October	0.0080	0.0075	0.0078
November	0.0079	0.0078	0.0078
December	0.0082	0.0078	0.0080