2024 IRR to GNF Historical Review

YEARLY HIGH

0.2061 GNF

YEARLY LOW

0.2032 GNF

YEARLY AVERAGE

0.2046 GNF

2024 IRR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.2061. Conversely, the yearly low was recorded on August 4, dropping to 0.2032.

This high-to-low spread represents a total annual volatility of 0.0029 GNF. From a start-to-finish perspective, comparing the January average rate of 0.2044 to the December average rate of 0.2046, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2061 was down 1.75% compared to the 2023 peak of 0.2098, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,031 GNF

2023 Average 1,021 GNF

Yearly Trough Low 1,016 GNF

Transaction Impact: A difference of 14.38 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2053

0.2041

JanuMarcMayJulySeptNove

IRR 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 0.2044, compared to 0.2048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2044

H2 Avg (Jul–Dec) 0.2048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0021 GNF (High: 0.2053 / Low: 0.2032). On the other end, April was the most stable month, with a tight range of 0.0009 GNF (High: 0.2045 / Low: 0.2037).

August Spread (Volatile) ±0.0021

April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.2052) against the same month in 2023 (average: 0.2036), the exchange rate shifted by +0.0016 (+0.78%).

2024 Avg (October) 0.2052

2023 Avg (October) 0.2036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2051	0.2038	0.2044
February	0.2059	0.2041	0.2046
March	0.2050	0.2036	0.2044
April	0.2045	0.2037	0.2042
May	0.2048	0.2035	0.2042
June	0.2055	0.2035	0.2043
July	0.2054	0.2036	0.2045
August	0.2053	0.2032	0.2047
September	0.2056	0.2042	0.2052
October	0.2061	0.2046	0.2052
November	0.2059	0.2043	0.2049
December	0.2052	0.2037	0.2046