YEARLY HIGH
0.0293 YER
YEARLY LOW
0.0288 YER
YEARLY AVERAGE
0.0291 YER

2024 GNF to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0293. Conversely, the yearly low was recorded on November 9, dropping to 0.0288.

This high-to-low spread represents a total annual volatility of 0.0004 YER. From a start-to-finish perspective, comparing the January average rate of 0.0291 to the December average rate of 0.0290, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0293 was down 0.72% compared to the 2023 peak of 0.0295, 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 146 YER
2023 Average 145 YER
Yearly Trough Low 144 YER
Transaction Impact: A difference of 2.23 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0292
0.0290
JanuMarcMayJulySeptNove

GNF to YER 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 0.0291, compared to 0.0290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0291
H2 Avg (Jul–Dec) 0.0290

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 YER (High: 0.0293 / Low: 0.0290). On the other end, September was the most stable month, with a tight range of 0.0001 YER (High: 0.0290 / Low: 0.0289).

August Spread (Volatile) ±0.0003
September Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0291) against the same month in 2023 (average: 0.0290), the exchange rate shifted by +0.0002 (+0.52%).

2024 Avg (March) 0.0291
2023 Avg (March) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0292 0.0290 0.0291
February 0.0291 0.0289 0.0291
March 0.0293 0.0291 0.0291
April 0.0292 0.0290 0.0291
May 0.0292 0.0290 0.0291
June 0.0291 0.0289 0.0291
July 0.0292 0.0289 0.0291
August 0.0293 0.0290 0.0291
September 0.0290 0.0289 0.0290
October 0.0290 0.0289 0.0290
November 0.0291 0.0288 0.0290
December 0.0291 0.0289 0.0290