2024 RUB to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RUB to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RUB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 103.0791. Conversely, the yearly low was recorded on December 31, dropping to 75.9936.
This high-to-low spread represents a total annual volatility of 27.0855 GNF. From a start-to-finish perspective, comparing the January average rate of 96.2206 to the December average rate of 83.2257, the exchange rate registered a net change of -13.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 103.0791 was down 21.12% compared to the 2023 peak of 130.6861, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RUB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RUB to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 94.6333, compared to 91.4485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1848 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 13.5818 GNF (High: 89.8144 / Low: 76.2325). On the other end, March was the most stable month, with a tight range of 2.3631 GNF (High: 94.8580 / Low: 92.4949).
Growth Streaks & Declines
TrendsBetween April and July, 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 4.9376 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 97.6414) against the same month in 2023 (average: 103.4702), the exchange rate shifted by -5.8288 (-5.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 97.8763 | 93.4162 | 96.2206 |
| February | 95.1511 | 90.6772 | 93.6815 |
| March | 94.8580 | 92.4949 | 93.5563 |
| April | 93.5105 | 91.1319 | 92.3853 |
| May | 97.2366 | 91.9152 | 94.3148 |
| June | 103.0791 | 95.0688 | 97.6414 |
| July | 101.4102 | 96.7563 | 98.5862 |
| August | 101.5340 | 93.7449 | 96.8981 |
| September | 98.5958 | 91.6026 | 94.6669 |
| October | 91.4401 | 88.4875 | 89.7292 |
| November | 89.8144 | 76.2325 | 85.5852 |
| December | 87.2528 | 75.9936 | 83.2257 |