YEARLY HIGH
1.1892 GNF
YEARLY LOW
1.0776 GNF
YEARLY AVERAGE
1.1402 GNF

2024 PYG to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.1892. Conversely, the yearly low was recorded on October 27, dropping to 1.0776.

This high-to-low spread represents a total annual volatility of 0.1117 GNF. From a start-to-finish perspective, comparing the January average rate of 1.1803 to the December average rate of 1.1056, the exchange rate registered a net change of -6.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1892 was down 2.34% compared to the 2023 peak of 1.2178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,946 GNF
2023 Average 5,914 GNF
Yearly Trough Low 5,388 GNF
Transaction Impact: A difference of 558.40 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1892
1.0890
JanuMarcMayJulySeptNove

PYG 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 1.1643, compared to 1.1161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0482 points.

H1 Avg (Jan–Jun) 1.1643
H2 Avg (Jul–Dec) 1.1161

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0365 GNF (High: 1.1141 / Low: 1.0776). On the other end, June was the most stable month, with a tight range of 0.0049 GNF (High: 1.1456 / Low: 1.1407).

October Spread (Volatile) ±0.0365
June Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0235 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.1808) against the same month in 2023 (average: 1.1840), the exchange rate shifted by -0.0032 (-0.27%).

2024 Avg (February) 1.1808
2023 Avg (February) 1.1840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1845 1.1757 1.1803
February 1.1892 1.1770 1.1808
March 1.1812 1.1625 1.1749
April 1.1684 1.1504 1.1615
May 1.1516 1.1399 1.1457
June 1.1456 1.1407 1.1427
July 1.1439 1.1363 1.1404
August 1.1454 1.1239 1.1369
September 1.1256 1.1057 1.1134
October 1.1141 1.0776 1.0973
November 1.1114 1.0917 1.1031
December 1.1118 1.1017 1.1056