2024 GNF to RUB Historical Review

YEARLY HIGH

0.0132 RUB

YEARLY LOW

0.0097 RUB

YEARLY AVERAGE

0.0108 RUB

2024 GNF to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0132. Conversely, the yearly low was recorded on June 19, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0035 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0120, the exchange rate registered a net change of 15.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0132 was up 11.37% compared to the 2023 peak of 0.0118, 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 66 RUB

2023 Average 50 RUB

Yearly Trough Low 49 RUB

Transaction Impact: A difference of 17.29 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0122

0.0100

JanuMarcMayJulySeptNove

GNF to RUB 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 0.0106, compared to 0.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0106

H2 Avg (Jul–Dec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0020 RUB (High: 0.0131 / Low: 0.0111). On the other end, March was the most stable month, with a tight range of 0.0003 RUB (High: 0.0108 / Low: 0.0105).

November Spread (Volatile) ±0.0020

March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0120) against the same month in 2023 (average: 0.0106), the exchange rate shifted by +0.0014 (+13.61%).

2024 Avg (December) 0.0120

2023 Avg (December) 0.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0107	0.0102	0.0104
February	0.0110	0.0105	0.0107
March	0.0108	0.0105	0.0107
April	0.0110	0.0107	0.0108
May	0.0109	0.0103	0.0106
June	0.0105	0.0097	0.0102
July	0.0103	0.0099	0.0101
August	0.0107	0.0098	0.0103
September	0.0109	0.0101	0.0106
October	0.0113	0.0109	0.0111
November	0.0131	0.0111	0.0117
December	0.0132	0.0115	0.0120