2024 GNF to SLL Historical Review

YEARLY HIGH

2.4508 SLL

YEARLY LOW

2.4172 SLL

YEARLY AVERAGE

2.4350 SLL

2024 GNF to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 2.4508. Conversely, the yearly low was recorded on October 2, dropping to 2.4172.

This high-to-low spread represents a total annual volatility of 0.0335 SLL. From a start-to-finish perspective, comparing the January average rate of 2.4397 to the December average rate of 2.4297, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4508 was down 0.13% compared to the 2023 peak of 2.4540, 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 12,254 SLL

2023 Average 11,075 SLL

Yearly Trough Low 12,086 SLL

Transaction Impact: A difference of 167.74 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4423

2.4255

JanuMarcMayJulySeptNove

GNF to SLL 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 2.4393, compared to 2.4307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 2.4393

H2 Avg (Jul–Dec) 2.4307

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0242 SLL (High: 2.4504 / Low: 2.4262). On the other end, September was the most stable month, with a tight range of 0.0082 SLL (High: 2.4309 / Low: 2.4227).

August Spread (Volatile) ±0.0242

September Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0065 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.4402) against the same month in 2023 (average: 2.0454), the exchange rate shifted by +0.3948 (+19.30%).

2024 Avg (March) 2.4402

2023 Avg (March) 2.0454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4463	2.4316	2.4397
February	2.4414	2.4220	2.4376
March	2.4508	2.4332	2.4402
April	2.4477	2.4331	2.4409
May	2.4498	2.4347	2.4402
June	2.4416	2.4232	2.4371
July	2.4437	2.4253	2.4358
August	2.4504	2.4262	2.4333
September	2.4309	2.4227	2.4269
October	2.4328	2.4172	2.4277
November	2.4385	2.4189	2.4307
December	2.4369	2.4231	2.4297