YEARLY HIGH
0.0043 SRD
YEARLY LOW
0.0033 SRD
YEARLY AVERAGE
0.0038 SRD

2024 GNF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0043. Conversely, the yearly low was recorded on August 13, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0010 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0041, the exchange rate registered a net change of -4.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0043 was down 4.15% compared to the 2023 peak of 0.0045, 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 22 SRD
2023 Average 21 SRD
Yearly Trough Low 17 SRD
Transaction Impact: A difference of 4.90 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0044
0.0032
JanuMarcMayJulySeptNove

GNF to SRD 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 0.0040, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0040
H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0004 SRD (High: 0.0040 / Low: 0.0035). On the other end, August was the most stable month, with a tight range of 0.0000 SRD (High: 0.0034 / Low: 0.0033).

October Spread (Volatile) ±0.0004
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0043) against the same month in 2023 (average: 0.0037), the exchange rate shifted by +0.0006 (+16.27%).

2024 Avg (January) 0.0043
2023 Avg (January) 0.0037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0042 0.0043
February 0.0043 0.0041 0.0042
March 0.0041 0.0041 0.0041
April 0.0041 0.0039 0.0040
May 0.0039 0.0037 0.0038
June 0.0037 0.0036 0.0036
July 0.0036 0.0033 0.0034
August 0.0034 0.0033 0.0033
September 0.0036 0.0033 0.0034
October 0.0040 0.0035 0.0038
November 0.0041 0.0040 0.0041
December 0.0041 0.0041 0.0041