2024 GTQ to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GTQ to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GTQ to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 1123.1564. Conversely, the yearly low was recorded on February 4, dropping to 1096.9236.
This high-to-low spread represents a total annual volatility of 26.2328 GNF. From a start-to-finish perspective, comparing the January average rate of 1099.4239 to the December average rate of 1119.9818, the exchange rate registered a net change of 1.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1123.1564 was down 0.29% compared to the 2023 peak of 1126.4637, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
GTQ to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1103.4957, compared to 1115.4958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.0001 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 11.0529 GNF (High: 1107.9765 / Low: 1096.9236). On the other end, May was the most stable month, with a tight range of 2.0951 GNF (High: 1107.5747 / Low: 1105.4796).
Growth Streaks & Declines
TrendsBetween January and September, 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 September and October, when the average rate fell by 0.8112 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 1116.2208) against the same month in 2023 (average: 1097.0998), the exchange rate shifted by +19.1210 (+1.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1103.4514 | 1096.9647 | 1099.4239 |
| February | 1107.9765 | 1096.9236 | 1101.3735 |
| March | 1106.0573 | 1100.1500 | 1101.7456 |
| April | 1108.1547 | 1101.9912 | 1104.2469 |
| May | 1107.5747 | 1105.4796 | 1106.3588 |
| June | 1110.7862 | 1106.2723 | 1107.8254 |
| July | 1113.1667 | 1105.7502 | 1109.4206 |
| August | 1115.7674 | 1109.5341 | 1113.3796 |
| September | 1118.5012 | 1115.3685 | 1117.0320 |
| October | 1123.1564 | 1114.7135 | 1116.2208 |
| November | 1120.8398 | 1114.1718 | 1116.9400 |
| December | 1122.0230 | 1116.3684 | 1119.9818 |