YEARLY HIGH
0.0188 JPY
YEARLY LOW
0.0163 JPY
YEARLY AVERAGE
0.0176 JPY

2024 GNF to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.0188. Conversely, the yearly low was recorded on September 15, dropping to 0.0163.

This high-to-low spread represents a total annual volatility of 0.0025 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0170 to the December average rate of 0.0178, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0188 was up 6.11% compared to the 2023 peak of 0.0177, 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 94 JPY
2023 Average 82 JPY
Yearly Trough Low 81 JPY
Transaction Impact: A difference of 12.55 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0186
0.0164
JanuMarcMayJulySeptNove

GNF to JPY 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 0.0177, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0177
H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0014 JPY (High: 0.0188 / Low: 0.0174). On the other end, February was the most stable month, with a tight range of 0.0005 JPY (High: 0.0175 / Low: 0.0170).

July Spread (Volatile) ±0.0014
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0013 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0183) against the same month in 2023 (average: 0.0164), the exchange rate shifted by +0.0019 (+11.59%).

2024 Avg (July) 0.0183
2023 Avg (July) 0.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0173 0.0164 0.0170
February 0.0175 0.0170 0.0174
March 0.0177 0.0171 0.0174
April 0.0184 0.0176 0.0179
May 0.0183 0.0178 0.0181
June 0.0187 0.0180 0.0184
July 0.0188 0.0174 0.0183
August 0.0173 0.0167 0.0170
September 0.0170 0.0163 0.0166
October 0.0178 0.0166 0.0174
November 0.0181 0.0174 0.0178
December 0.0183 0.0173 0.0178