2024 KZT to GNF Historical Review

YEARLY HIGH

19.5740 GNF

YEARLY LOW

16.4000 GNF

YEARLY AVERAGE

18.3848 GNF

2024 KZT to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 19.5740. Conversely, the yearly low was recorded on December 4, dropping to 16.4000.

This high-to-low spread represents a total annual volatility of 3.1741 GNF. From a start-to-finish perspective, comparing the January average rate of 19.0280 to the December average rate of 16.5664, the exchange rate registered a net change of -12.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.5740 was down 3.05% compared to the 2023 peak of 20.1899, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,870 GNF

2023 Average 94,458 GNF

Yearly Trough Low 82,000 GNF

Transaction Impact: A difference of 15,870.27 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.7182

16.2799

JanuMarcMayJulySeptNove

KZT 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 19.1327, compared to 17.6369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4958 points.

H1 Avg (Jan–Jun) 19.1327

H2 Avg (Jul–Dec) 17.6369

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.0529 GNF (High: 19.2714 / Low: 18.2185). On the other end, September was the most stable month, with a tight range of 0.2390 GNF (High: 18.1048 / Low: 17.8658).

June Spread (Volatile) ±1.0529

September Spread (Stable) ±0.2390

Growth Streaks & Declines

Trends

Between January and May, 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 0.8091 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 19.4317) against the same month in 2023 (average: 19.3337), the exchange rate shifted by +0.0980 (+0.51%).

2024 Avg (May) 19.4317

2023 Avg (May) 19.3337

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.3817	18.7991	19.0280
February	19.2555	18.8717	19.0855
March	19.3435	19.0094	19.1282
April	19.4211	19.1360	19.2573
May	19.5740	19.2346	19.4317
June	19.2714	18.2185	18.8655
July	18.2246	17.9271	18.1144
August	18.1944	17.8448	18.0059
September	18.1048	17.8658	17.9877
October	18.0436	17.3997	17.7717
November	17.6499	16.6599	17.3756
December	16.9584	16.4000	16.5664