2024 GNF to MYR Historical Review

YEARLY HIGH

0.0006 MYR

YEARLY LOW

0.0005 MYR

YEARLY AVERAGE

0.0005 MYR

2024 GNF to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0006. Conversely, the yearly low was recorded on September 29, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0001 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0005 to the December average rate of 0.0005, the exchange rate registered a net change of -5.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0006 was up 0.30% compared to the 2023 peak of 0.0006, 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 3 MYR

2023 Average 3 MYR

Yearly Trough Low 2 MYR

Transaction Impact: A difference of 0.41 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0006

0.0005

JanuMarcMayJulySeptNove

GNF to MYR 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 0.0005, compared to 0.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0005

H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0000 MYR (High: 0.0005 / Low: 0.0005). On the other end, June was the most stable month, with a tight range of 0.0000 MYR (High: 0.0005 / Low: 0.0005).

August Spread (Volatile) ±0.0000

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0006) against the same month in 2023 (average: 0.0005), the exchange rate shifted by +0.0000 (+7.81%).

2024 Avg (April) 0.0006

2023 Avg (April) 0.0005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0006	0.0005	0.0005
February	0.0006	0.0005	0.0006
March	0.0006	0.0005	0.0005
April	0.0006	0.0006	0.0006
May	0.0006	0.0005	0.0005
June	0.0005	0.0005	0.0005
July	0.0005	0.0005	0.0005
August	0.0005	0.0005	0.0005
September	0.0005	0.0005	0.0005
October	0.0005	0.0005	0.0005
November	0.0005	0.0005	0.0005
December	0.0005	0.0005	0.0005