2024 GNF to CVE Historical Review

YEARLY HIGH

0.0123 CVE

YEARLY LOW

0.0114 CVE

YEARLY AVERAGE

0.0118 CVE

2024 GNF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0123. Conversely, the yearly low was recorded on September 22, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0009 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0122, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0123 was up 0.04% compared to the 2023 peak of 0.0123, 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 62 CVE

2023 Average 59 CVE

Yearly Trough Low 57 CVE

Transaction Impact: A difference of 4.32 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0123

0.0114

JanuMarcMayJulySeptNove

GNF to CVE 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 0.0119, compared to 0.0118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0119

H2 Avg (Jul–Dec) 0.0118

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 CVE (High: 0.0123 / Low: 0.0117). On the other end, September was the most stable month, with a tight range of 0.0001 CVE (High: 0.0116 / Low: 0.0114).

November Spread (Volatile) ±0.0006

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0122) against the same month in 2023 (average: 0.0118), the exchange rate shifted by +0.0004 (+3.68%).

2024 Avg (December) 0.0122

2023 Avg (December) 0.0118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0118	0.0116	0.0118
February	0.0120	0.0118	0.0119
March	0.0119	0.0117	0.0118
April	0.0121	0.0118	0.0120
May	0.0121	0.0118	0.0119
June	0.0120	0.0118	0.0119
July	0.0120	0.0117	0.0118
August	0.0119	0.0115	0.0116
September	0.0116	0.0114	0.0115
October	0.0119	0.0115	0.0117
November	0.0123	0.0117	0.0120
December	0.0123	0.0121	0.0122