YEARLY HIGH
0.0099 INR
YEARLY LOW
0.0096 INR
YEARLY AVERAGE
0.0097 INR

2024 GNF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0099. Conversely, the yearly low was recorded on February 3, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0003 INR. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0098, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0099 was up 1.97% compared to the 2023 peak of 0.0097, 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 50 INR
2023 Average 48 INR
Yearly Trough Low 48 INR
Transaction Impact: A difference of 1.73 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0099
0.0096
JanuMarcMayJulySeptNove

GNF to INR 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 0.0097, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0097
H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 INR (High: 0.0098 / Low: 0.0096). On the other end, January was the most stable month, with a tight range of 0.0001 INR (High: 0.0097 / Low: 0.0096).

March Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0098) against the same month in 2023 (average: 0.0097), the exchange rate shifted by +0.0002 (+1.78%).

2024 Avg (December) 0.0098
2023 Avg (December) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0097 0.0096 0.0097
February 0.0097 0.0096 0.0096
March 0.0098 0.0096 0.0097
April 0.0098 0.0097 0.0097
May 0.0097 0.0097 0.0097
June 0.0097 0.0097 0.0097
July 0.0097 0.0097 0.0097
August 0.0098 0.0097 0.0097
September 0.0097 0.0097 0.0097
October 0.0098 0.0097 0.0097
November 0.0098 0.0097 0.0098
December 0.0099 0.0098 0.0098