YEARLY HIGH
0.0052 UYU
YEARLY LOW
0.0044 UYU
YEARLY AVERAGE
0.0047 UYU

2024 GNF to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0052. Conversely, the yearly low was recorded on March 28, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0008 UYU. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0051, the exchange rate registered a net change of 11.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0052 was up 10.96% compared to the 2023 peak of 0.0047, 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 26 UYU
2023 Average 23 UYU
Yearly Trough Low 22 UYU
Transaction Impact: A difference of 4.07 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0052
0.0044
JanuMarcMayJulySeptNove

GNF to UYU 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 0.0045, compared to 0.0048 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) 0.0045
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0002 UYU (High: 0.0049 / Low: 0.0046). On the other end, August was the most stable month, with a tight range of 0.0001 UYU (High: 0.0047 / Low: 0.0047).

September Spread (Volatile) ±0.0002
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0051) against the same month in 2023 (average: 0.0046), the exchange rate shifted by +0.0005 (+11.61%).

2024 Avg (December) 0.0051
2023 Avg (December) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0046 0.0045 0.0046
February 0.0046 0.0045 0.0045
March 0.0046 0.0044 0.0045
April 0.0045 0.0044 0.0045
May 0.0045 0.0044 0.0045
June 0.0046 0.0045 0.0046
July 0.0047 0.0046 0.0047
August 0.0047 0.0047 0.0047
September 0.0049 0.0046 0.0047
October 0.0048 0.0048 0.0048
November 0.0050 0.0048 0.0049
December 0.0052 0.0050 0.0051