YEARLY HIGH
0.2014 GIP
YEARLY LOW
0.1705 GIP
YEARLY AVERAGE
0.1966 GIP

2024 PLN to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.2014. Conversely, the yearly low was recorded on January 1, dropping to 0.1705.

This high-to-low spread represents a total annual volatility of 0.0309 GIP. From a start-to-finish perspective, comparing the January average rate of 0.1959 to the December average rate of 0.1941, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2014 was up 0.12% compared to the 2023 peak of 0.2012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 4,029 GIP
2023 Average 3,834 GIP
Yearly Trough Low 3,411 GIP
Transaction Impact: A difference of 618.36 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2005
0.1917
JanuMarcMayJulySeptNove

PLN to GIP 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 0.1978, compared to 0.1953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1978
H2 Avg (Jul–Dec) 0.1953

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0281 GIP (High: 0.1986 / Low: 0.1705). On the other end, March was the most stable month, with a tight range of 0.0021 GIP (High: 0.1998 / Low: 0.1976).

January Spread (Volatile) ±0.0281
March Spread (Stable) ±0.0021

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 May and June, when the average rate fell by 0.0038 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1992) against the same month in 2023 (average: 0.1899), the exchange rate shifted by +0.0092 (+4.87%).

2024 Avg (April) 0.1992
2023 Avg (April) 0.1899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1986 0.1705 0.1959
February 0.1985 0.1960 0.1976
March 0.1998 0.1976 0.1986
April 0.2014 0.1956 0.1992
May 0.2014 0.1975 0.1998
June 0.1993 0.1927 0.1960
July 0.1987 0.1955 0.1970
August 0.2001 0.1962 0.1985
September 0.1977 0.1944 0.1965
October 0.1951 0.1916 0.1935
November 0.1937 0.1899 0.1924
December 0.1952 0.1927 0.1941