YEARLY HIGH
18.5277 GMD
YEARLY LOW
14.6150 GMD
YEARLY AVERAGE
17.2865 GMD

2024 PLN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 18.5277. Conversely, the yearly low was recorded on January 1, dropping to 14.6150.

This high-to-low spread represents a total annual volatility of 3.9127 GMD. From a start-to-finish perspective, comparing the January average rate of 16.7519 to the December average rate of 17.6144, the exchange rate registered a net change of 5.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.5277 was up 6.97% compared to the 2023 peak of 17.3210, 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 370,553 GMD
2023 Average 297,335 GMD
Yearly Trough Low 292,300 GMD
Transaction Impact: A difference of 78,253.42 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.2015
16.6201
JanuMarcMayJulySeptNove

PLN to GMD 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 16.9449, compared to 17.6281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6833 points.

H1 Avg (Jan–Jun) 16.9449
H2 Avg (Jul–Dec) 17.6281

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.4072 GMD (High: 17.0222 / Low: 14.6150). On the other end, March was the most stable month, with a tight range of 0.3877 GMD (High: 17.3691 / Low: 16.9814).

January Spread (Volatile) ±2.4072
March Spread (Stable) ±0.3877

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5816 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 17.9473) against the same month in 2023 (average: 14.8246), the exchange rate shifted by +3.1226 (+21.06%).

2024 Avg (August) 17.9473
2023 Avg (August) 14.8246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.0222 14.6150 16.7519
February 17.0928 16.6793 16.8728
March 17.3691 16.9814 17.1425
April 17.3197 16.5195 16.9161
May 17.3270 16.7851 17.1097
June 17.2932 16.5529 16.8762
July 17.5356 16.8491 17.1959
August 18.5277 17.2995 17.9473
September 18.3559 17.8277 18.0697
October 18.0016 17.2177 17.4881
November 17.9488 17.0513 17.4534
December 17.8486 17.3798 17.6144