YEARLY HIGH
0.0231 LRD
YEARLY LOW
0.0208 LRD
YEARLY AVERAGE
0.0222 LRD

2024 GNF to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0231. Conversely, the yearly low was recorded on December 3, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0024 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0209, the exchange rate registered a net change of -4.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0231 was up 5.21% compared to the 2023 peak of 0.0220, 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 116 LRD
2023 Average 101 LRD
Yearly Trough Low 104 LRD
Transaction Impact: A difference of 11.99 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0229
0.0207
JanuMarcMayJulySeptNove

GNF to LRD 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 0.0223, compared to 0.0221 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) 0.0223
H2 Avg (Jul–Dec) 0.0221

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0015 LRD (High: 0.0223 / Low: 0.0208). On the other end, May was the most stable month, with a tight range of 0.0001 LRD (High: 0.0226 / Low: 0.0225).

November Spread (Volatile) ±0.0015
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and August, 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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0226) against the same month in 2023 (average: 0.0217), the exchange rate shifted by +0.0010 (+4.52%).

2024 Avg (September) 0.0226
2023 Avg (September) 0.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0221 0.0219 0.0220
February 0.0223 0.0220 0.0221
March 0.0225 0.0223 0.0224
April 0.0226 0.0219 0.0224
May 0.0226 0.0225 0.0225
June 0.0226 0.0225 0.0226
July 0.0227 0.0226 0.0226
August 0.0230 0.0226 0.0227
September 0.0231 0.0224 0.0226
October 0.0224 0.0222 0.0223
November 0.0223 0.0208 0.0214
December 0.0213 0.0208 0.0209