2024 PLN to GNF Historical Review

YEARLY HIGH

2273.0170 GNF

YEARLY LOW

1871.4759 GNF

YEARLY AVERAGE

2163.5904 GNF

2024 PLN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2273.0170. Conversely, the yearly low was recorded on January 1, dropping to 1871.4759.

This high-to-low spread represents a total annual volatility of 401.5411 GNF. From a start-to-finish perspective, comparing the January average rate of 2139.6678 to the December average rate of 2116.9860, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2273.0170 was up 3.00% compared to the 2023 peak of 2206.7493, 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 45,460,340 GNF

2023 Average 41,115,613 GNF

Yearly Trough Low 37,429,518 GNF

Transaction Impact: A difference of 8,030,821.97 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2257.2530

2103.3396

JanuMarcMayJulySeptNove

PLN 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 2151.3463, compared to 2175.8346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.4883 points.

H1 Avg (Jan–Jun) 2151.3463

H2 Avg (Jul–Dec) 2175.8346

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 299.2438 GNF (High: 2170.7197 / Low: 1871.4759). On the other end, February was the most stable month, with a tight range of 46.8830 GNF (High: 2169.0160 / Low: 2122.1330).

January Spread (Volatile) ±299.2438

February Spread (Stable) ±46.8830

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 October and November, when the average rate fell by 64.2988 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -64.2988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2244.4269) against the same month in 2023 (average: 1997.3359), the exchange rate shifted by +247.0910 (+12.37%).

2024 Avg (September) 2244.4269

2023 Avg (September) 1997.3359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2170.7197	1871.4759	2139.6678
February	2169.0160	2122.1330	2147.1024
March	2197.7520	2140.1992	2168.5167
April	2186.8681	2089.3011	2140.4273
May	2197.0426	2129.2169	2169.4913
June	2194.7473	2099.0611	2142.8724
July	2203.7319	2138.7826	2182.4901
August	2268.2960	2160.0111	2214.4742
September	2273.0170	2218.5154	2244.4269
October	2238.1903	2139.7455	2180.4645
November	2165.8159	2069.7593	2116.1657
December	2140.3911	2091.1353	2116.9860