2024 KGS to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KGS to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KGS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 102.9782. Conversely, the yearly low was recorded on March 23, dropping to 95.5901.
This high-to-low spread represents a total annual volatility of 7.3881 GNF. From a start-to-finish perspective, comparing the January average rate of 96.2985 to the December average rate of 99.3080, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 102.9782 was down 1.45% compared to the 2023 peak of 104.4922, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KGS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
KGS 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 96.8653, compared to 100.8923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0271 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 3.0103 GNF (High: 102.6050 / Low: 99.5947). On the other end, December was the most stable month, with a tight range of 0.5810 GNF (High: 99.4882 / Low: 98.9071).
Growth Streaks & Declines
TrendsBetween March and July, 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 October and November, when the average rate fell by 1.3356 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 101.2484) against the same month in 2023 (average: 96.5200), the exchange rate shifted by +4.7284 (+4.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 96.7898 | 96.0368 | 96.2985 |
| February | 96.9320 | 96.0436 | 96.2090 |
| March | 96.2799 | 95.5901 | 96.0446 |
| April | 97.0473 | 96.0640 | 96.4617 |
| May | 98.0848 | 96.6274 | 97.3803 |
| June | 99.6257 | 97.9083 | 98.7976 |
| July | 102.6050 | 99.5947 | 101.2405 |
| August | 102.5824 | 100.2403 | 101.1842 |
| September | 102.7557 | 101.7469 | 102.4602 |
| October | 102.9782 | 100.4582 | 101.2484 |
| November | 100.5944 | 99.1122 | 99.9128 |
| December | 99.4882 | 98.9071 | 99.3080 |