2024 HNL to GNF Historical Review

YEARLY HIGH

351.1199 GNF

YEARLY LOW

340.1193 GNF

YEARLY AVERAGE

346.4305 GNF

2024 HNL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 351.1199. Conversely, the yearly low was recorded on December 23, dropping to 340.1193.

This high-to-low spread represents a total annual volatility of 11.0007 GNF. From a start-to-finish perspective, comparing the January average rate of 348.1519 to the December average rate of 340.4561, the exchange rate registered a net change of -2.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 351.1199 was down 1.75% compared to the 2023 peak of 357.3591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 1,755,600 GNF

2023 Average 1,747,350 GNF

Yearly Trough Low 1,700,596 GNF

Transaction Impact: A difference of 55,003.41 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

348.9214

339.6866

JanuMarcMayJulySeptNove

HNL to GNF 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 347.6628, compared to 345.1982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4646 points.

H1 Avg (Jan–Jun) 347.6628

H2 Avg (Jul–Dec) 345.1982

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 6.5636 GNF (High: 348.6546 / Low: 342.0910). On the other end, December was the most stable month, with a tight range of 1.2055 GNF (High: 341.3247 / Low: 340.1193).

October Spread (Volatile) ±6.5636

December Spread (Stable) ±1.2055

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 2.7984 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 347.6357) against the same month in 2023 (average: 349.7796), the exchange rate shifted by -2.1439 (-0.61%).

2024 Avg (August) 347.6357

2023 Avg (August) 349.7796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	349.8265	346.8741	348.1519
February	350.2414	346.2236	347.9903
March	349.7844	346.5257	347.6120
April	349.1071	345.4700	347.7593
May	349.0612	346.2864	347.3982
June	348.3870	343.1562	347.0651
July	349.2247	346.1534	347.5358
August	351.1199	345.8260	347.6357
September	348.7502	346.8579	347.9150
October	348.6546	342.0910	345.2225
November	344.5509	340.6264	342.4241
December	341.3247	340.1193	340.4561