YEARLY HIGH
0.0249 GYD
YEARLY LOW
0.0241 GYD
YEARLY AVERAGE
0.0243 GYD

2024 GNF to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0249. Conversely, the yearly low was recorded on October 1, dropping to 0.0241.

This high-to-low spread represents a total annual volatility of 0.0008 GYD. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0242, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0249 was up 0.15% compared to the 2023 peak of 0.0249, 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 124 GYD
2023 Average 122 GYD
Yearly Trough Low 120 GYD
Transaction Impact: A difference of 4.05 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0244
0.0242
JanuMarcMayJulySeptNove

GNF to GYD 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 0.0243, compared to 0.0242 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) 0.0243
H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0007 GYD (High: 0.0249 / Low: 0.0242). On the other end, May was the most stable month, with a tight range of 0.0000 GYD (High: 0.0244 / Low: 0.0243).

March Spread (Volatile) ±0.0007
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, 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 (March 2024: 0.0244) against the same month in 2023 (average: 0.0244), the exchange rate shifted by -0.0000 (-0.14%).

2024 Avg (March) 0.0244
2023 Avg (March) 0.0244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0244 0.0243 0.0243
February 0.0244 0.0242 0.0243
March 0.0249 0.0242 0.0244
April 0.0244 0.0243 0.0244
May 0.0244 0.0243 0.0243
June 0.0243 0.0243 0.0243
July 0.0244 0.0242 0.0243
August 0.0243 0.0242 0.0243
September 0.0243 0.0242 0.0242
October 0.0243 0.0241 0.0242
November 0.0243 0.0241 0.0243
December 0.0243 0.0242 0.0242