YEARLY HIGH
0.0703 SDG
YEARLY LOW
0.0664 SDG
YEARLY AVERAGE
0.0694 SDG

2024 GNF to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0703. Conversely, the yearly low was recorded on May 2, dropping to 0.0664.

This high-to-low spread represents a total annual volatility of 0.0039 SDG. From a start-to-finish perspective, comparing the January average rate of 0.0699 to the December average rate of 0.0697, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0703 was down 0.25% compared to the 2023 peak of 0.0705, 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 351 SDG
2023 Average 346 SDG
Yearly Trough Low 332 SDG
Transaction Impact: A difference of 19.66 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0701
0.0681
JanuMarcMayJulySeptNove

GNF to SDG 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 0.0693, compared to 0.0696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0693
H2 Avg (Jul–Dec) 0.0696

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0039 SDG (High: 0.0702 / Low: 0.0664). On the other end, September was the most stable month, with a tight range of 0.0002 SDG (High: 0.0697 / Low: 0.0695).

May Spread (Volatile) ±0.0039
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0698) against the same month in 2023 (average: 0.0698), the exchange rate shifted by -0.0000 (-0.05%).

2024 Avg (August) 0.0698
2023 Avg (August) 0.0698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0701 0.0697 0.0699
February 0.0700 0.0694 0.0699
March 0.0701 0.0679 0.0691
April 0.0699 0.0680 0.0683
May 0.0702 0.0664 0.0697
June 0.0700 0.0677 0.0690
July 0.0700 0.0678 0.0691
August 0.0703 0.0696 0.0698
September 0.0697 0.0695 0.0696
October 0.0698 0.0693 0.0696
November 0.0699 0.0694 0.0697
December 0.0699 0.0695 0.0697