YEARLY HIGH
0.0209 DJF
YEARLY LOW
0.0205 DJF
YEARLY AVERAGE
0.0206 DJF

2024 GNF to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0209. Conversely, the yearly low was recorded on August 24, dropping to 0.0205.

This high-to-low spread represents a total annual volatility of 0.0004 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0206, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0209 was up 0.23% compared to the 2023 peak of 0.0208, 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 104 DJF
2023 Average 103 DJF
Yearly Trough Low 102 DJF
Transaction Impact: A difference of 1.92 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0207
0.0206
JanuMarcMayJulySeptNove

GNF to DJF 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 0.0207, compared to 0.0206 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) 0.0207
H2 Avg (Jul–Dec) 0.0206

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0003 DJF (High: 0.0209 / Low: 0.0206). On the other end, December was the most stable month, with a tight range of 0.0001 DJF (High: 0.0207 / Low: 0.0206).

June Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0207) against the same month in 2023 (average: 0.0206), the exchange rate shifted by +0.0000 (+0.15%).

2024 Avg (June) 0.0207
2023 Avg (June) 0.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0208 0.0206 0.0207
February 0.0208 0.0206 0.0207
March 0.0207 0.0206 0.0207
April 0.0208 0.0207 0.0207
May 0.0207 0.0205 0.0207
June 0.0209 0.0206 0.0207
July 0.0207 0.0206 0.0207
August 0.0207 0.0205 0.0206
September 0.0207 0.0205 0.0206
October 0.0206 0.0205 0.0206
November 0.0207 0.0206 0.0206
December 0.0207 0.0206 0.0206