2024 GNF to KRW Historical Review

YEARLY HIGH

0.1710 KRW

YEARLY LOW

0.1485 KRW

YEARLY AVERAGE

0.1584 KRW

2024 GNF to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1710. Conversely, the yearly low was recorded on January 1, dropping to 0.1485.

This high-to-low spread represents a total annual volatility of 0.0225 KRW. From a start-to-finish perspective, comparing the January average rate of 0.1541 to the December average rate of 0.1669, the exchange rate registered a net change of 8.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1710 was up 8.11% compared to the 2023 peak of 0.1582, 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 855 KRW

2023 Average 758 KRW

Yearly Trough Low 743 KRW

Transaction Impact: A difference of 112.51 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1682

0.1526

JanuMarcMayJulySeptNove

GNF to KRW 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 0.1571, compared to 0.1596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1571

H2 Avg (Jul–Dec) 0.1596

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0089 KRW (High: 0.1710 / Low: 0.1621). On the other end, February was the most stable month, with a tight range of 0.0020 KRW (High: 0.1560 / Low: 0.1540).

December Spread (Volatile) ±0.0089

February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and April, 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 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1669) against the same month in 2023 (average: 0.1513), the exchange rate shifted by +0.0156 (+10.34%).

2024 Avg (December) 0.1669

2023 Avg (December) 0.1513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1568	0.1485	0.1541
February	0.1560	0.1540	0.1549
March	0.1571	0.1526	0.1551
April	0.1620	0.1566	0.1595
May	0.1609	0.1567	0.1587
June	0.1620	0.1588	0.1606
July	0.1616	0.1589	0.1606
August	0.1597	0.1535	0.1567
September	0.1555	0.1518	0.1539
October	0.1607	0.1528	0.1577
November	0.1632	0.1592	0.1617
December	0.1710	0.1621	0.1669