2024 NAD to GNF Historical Review

YEARLY HIGH

502.6204 GNF

YEARLY LOW

444.7336 GNF

YEARLY AVERAGE

470.2639 GNF

2024 NAD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 502.6204. Conversely, the yearly low was recorded on February 26, dropping to 444.7336.

This high-to-low spread represents a total annual volatility of 57.8868 GNF. From a start-to-finish perspective, comparing the January average rate of 457.5605 to the December average rate of 473.6669, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 502.6204 was down 3.71% compared to the 2023 peak of 521.9976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,513,102 GNF

2023 Average 2,332,335 GNF

Yearly Trough Low 2,223,668 GNF

Transaction Impact: A difference of 289,433.78 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

495.2915

449.6196

JanuMarcMayJulySeptNove

NAD 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 459.3622, compared to 481.1656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.8033 points.

H1 Avg (Jan–Jun) 459.3622

H2 Avg (Jul–Dec) 481.1656

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 30.7389 GNF (High: 489.0050 / Low: 458.2661). On the other end, July was the most stable month, with a tight range of 12.0103 GNF (High: 478.0825 / Low: 466.0722).

December Spread (Volatile) ±30.7389

July Spread (Stable) ±12.0103

Growth Streaks & Declines

Trends

Between June and October, 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 10.2458 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -10.2458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 490.5460) against the same month in 2023 (average: 453.5284), the exchange rate shifted by +37.0176 (+8.16%).

2024 Avg (September) 490.5460

2023 Avg (September) 453.5284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	465.5771	448.0945	457.5605
February	465.4821	444.7336	453.4256
March	462.5791	448.7552	455.8062
April	464.9614	447.7298	454.8889
May	475.4008	461.2014	467.4414
June	480.9332	451.4777	467.0509
July	478.0825	466.0722	472.1005
August	489.2565	464.0337	477.9547
September	502.6204	480.4529	490.5460
October	501.6973	486.1895	491.4855
November	495.0053	472.9315	481.2397
December	489.0050	458.2661	473.6669