YEARLY HIGH
0.0669 SOS
YEARLY LOW
0.0657 SOS
YEARLY AVERAGE
0.0663 SOS

2024 GNF to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0669. Conversely, the yearly low was recorded on August 24, dropping to 0.0657.

This high-to-low spread represents a total annual volatility of 0.0012 SOS. From a start-to-finish perspective, comparing the January average rate of 0.0665 to the December average rate of 0.0662, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0669 was up 0.23% compared to the 2023 peak of 0.0668, 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 335 SOS
2023 Average 330 SOS
Yearly Trough Low 328 SOS
Transaction Impact: A difference of 6.20 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0665
0.0661
JanuMarcMayJulySeptNove

GNF to SOS 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 0.0665, compared to 0.0662 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) 0.0665
H2 Avg (Jul–Dec) 0.0662

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 SOS (High: 0.0665 / Low: 0.0657). On the other end, December was the most stable month, with a tight range of 0.0002 SOS (High: 0.0663 / Low: 0.0661).

August Spread (Volatile) ±0.0008
December Spread (Stable) ±0.0002

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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0664) against the same month in 2023 (average: 0.0659), the exchange rate shifted by +0.0005 (+0.72%).

2024 Avg (June) 0.0664
2023 Avg (June) 0.0659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0666 0.0662 0.0665
February 0.0667 0.0663 0.0665
March 0.0666 0.0663 0.0665
April 0.0667 0.0663 0.0665
May 0.0665 0.0661 0.0665
June 0.0669 0.0662 0.0664
July 0.0664 0.0661 0.0663
August 0.0665 0.0657 0.0662
September 0.0665 0.0660 0.0661
October 0.0663 0.0658 0.0662
November 0.0664 0.0662 0.0663
December 0.0663 0.0661 0.0662