2024 GNF to KZT Historical Review

YEARLY HIGH

0.0610 KZT

YEARLY LOW

0.0511 KZT

YEARLY AVERAGE

0.0545 KZT

2024 GNF to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0610. Conversely, the yearly low was recorded on May 16, dropping to 0.0511.

This high-to-low spread represents a total annual volatility of 0.0099 KZT. From a start-to-finish perspective, comparing the January average rate of 0.0526 to the December average rate of 0.0604, the exchange rate registered a net change of 14.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0610 was up 9.17% compared to the 2023 peak of 0.0559, 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 305 KZT

2023 Average 265 KZT

Yearly Trough Low 255 KZT

Transaction Impact: A difference of 49.44 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0613

0.0506

JanuMarcMayJulySeptNove

GNF to KZT 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 0.0523, compared to 0.0568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0523

H2 Avg (Jul–Dec) 0.0568

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0034 KZT (High: 0.0600 / Low: 0.0567). On the other end, September was the most stable month, with a tight range of 0.0007 KZT (High: 0.0560 / Low: 0.0552).

November Spread (Volatile) ±0.0034

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0604) against the same month in 2023 (average: 0.0534), the exchange rate shifted by +0.0070 (+13.09%).

2024 Avg (December) 0.0604

2023 Avg (December) 0.0534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0532	0.0516	0.0526
February	0.0530	0.0519	0.0524
March	0.0526	0.0517	0.0523
April	0.0523	0.0515	0.0519
May	0.0520	0.0511	0.0515
June	0.0549	0.0519	0.0530
July	0.0558	0.0549	0.0552
August	0.0560	0.0550	0.0555
September	0.0560	0.0552	0.0556
October	0.0575	0.0554	0.0563
November	0.0600	0.0567	0.0576
December	0.0610	0.0590	0.0604