2024 GNF to SYP Historical Review

YEARLY HIGH

1.5110 SYP

YEARLY LOW

0.2896 SYP

YEARLY AVERAGE

0.3277 SYP

2024 GNF to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.5110. Conversely, the yearly low was recorded on October 2, dropping to 0.2896.

This high-to-low spread represents a total annual volatility of 1.2214 SYP. From a start-to-finish perspective, comparing the January average rate of 0.2923 to the December average rate of 0.7221, the exchange rate registered a net change of 147.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5110 was up 410.65% compared to the 2023 peak of 0.2959, 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 7,555 SYP

2023 Average 1,458 SYP

Yearly Trough Low 1,448 SYP

Transaction Impact: A difference of 6,106.84 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7653

0.2476

JanuMarcMayJulySeptNove

GNF to SYP 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 0.2923, compared to 0.3631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0708 points.

H1 Avg (Jan–Jun) 0.2923

H2 Avg (Jul–Dec) 0.3631

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.2202 SYP (High: 1.5110 / Low: 0.2908). On the other end, September was the most stable month, with a tight range of 0.0010 SYP (High: 0.2913 / Low: 0.2903).

December Spread (Volatile) ±1.2202

September Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7221) against the same month in 2023 (average: 0.2921), the exchange rate shifted by +0.4301 (+147.24%).

2024 Avg (December) 0.7221

2023 Avg (December) 0.2921

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2931	0.2914	0.2923
February	0.2925	0.2902	0.2921
March	0.2936	0.2915	0.2924
April	0.2933	0.2915	0.2925
May	0.2935	0.2917	0.2924
June	0.2925	0.2903	0.2920
July	0.2928	0.2906	0.2919
August	0.2936	0.2907	0.2916
September	0.2913	0.2903	0.2908
October	0.2915	0.2896	0.2909
November	0.2922	0.2898	0.2912
December	1.5110	0.2908	0.7221