2024 GNF to ARS Historical Review

YEARLY HIGH

0.1194 ARS

YEARLY LOW

0.0940 ARS

YEARLY AVERAGE

0.1062 ARS

2024 GNF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1194. Conversely, the yearly low was recorded on January 1, dropping to 0.0940.

This high-to-low spread represents a total annual volatility of 0.0253 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0951 to the December average rate of 0.1182, the exchange rate registered a net change of 24.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1194 was up 26.81% compared to the 2023 peak of 0.0941, 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 597 ARS

2023 Average 172 ARS

Yearly Trough Low 470 ARS

Transaction Impact: A difference of 126.55 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1205

0.0928

JanuMarcMayJulySeptNove

GNF to ARS 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 0.1000, compared to 0.1125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0124 points.

H1 Avg (Jan–Jun) 0.1000

H2 Avg (Jul–Dec) 0.1125

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0031 ARS (High: 0.1174 / Low: 0.1143). On the other end, June was the most stable month, with a tight range of 0.0018 ARS (High: 0.1059 / Low: 0.1040).

November Spread (Volatile) ±0.0031

June Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1182) against the same month in 2023 (average: 0.0735), the exchange rate shifted by +0.0447 (+60.85%).

2024 Avg (December) 0.1182

2023 Avg (December) 0.0735

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0962	0.0940	0.0951
February	0.0980	0.0955	0.0970
March	0.0999	0.0979	0.0990
April	0.1023	0.0998	0.1010
May	0.1040	0.1015	0.1030
June	0.1059	0.1040	0.1050
July	0.1081	0.1061	0.1071
August	0.1101	0.1080	0.1092
September	0.1122	0.1103	0.1111
October	0.1148	0.1118	0.1134
November	0.1174	0.1143	0.1158
December	0.1194	0.1173	0.1182