YEARLY HIGH
674.2689 GNF
YEARLY LOW
569.7859 GNF
YEARLY AVERAGE
630.2447 GNF

2024 SCR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 674.2689. Conversely, the yearly low was recorded on August 4, dropping to 569.7859.

This high-to-low spread represents a total annual volatility of 104.4830 GNF. From a start-to-finish perspective, comparing the January average rate of 642.3471 to the December average rate of 611.8541, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 674.2689 was down 0.37% compared to the 2023 peak of 676.7565, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,371,345 GNF
2023 Average 3,208,204 GNF
Yearly Trough Low 2,848,930 GNF
Transaction Impact: A difference of 522,414.99 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

645.7180
608.7756
JanuMarcMayJulySeptNove

SCR 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 633.0724, compared to 627.4170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6554 points.

H1 Avg (Jan–Jun) 633.0724
H2 Avg (Jul–Dec) 627.4170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 102.7766 GNF (High: 672.5625 / Low: 569.7859). On the other end, May was the most stable month, with a tight range of 19.2894 GNF (High: 640.5717 / Low: 621.2823).

August Spread (Volatile) ±102.7766
May Spread (Stable) ±19.2894

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 November and December, when the average rate fell by 15.7371 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -15.7371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 642.6395) against the same month in 2023 (average: 654.9840), the exchange rate shifted by -12.3445 (-1.88%).

2024 Avg (September) 642.6395
2023 Avg (September) 654.9840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 656.9661 619.1762 642.3471
February 652.1535 622.1417 639.2435
March 644.9397 603.7042 632.2980
April 640.6876 597.3741 632.1950
May 640.5717 621.2823 629.2746
June 634.1959 585.8440 623.0760
July 637.2352 609.9342 624.0852
August 672.5625 569.7859 627.9425
September 674.2689 618.4948 642.6395
October 659.8482 573.4696 630.3894
November 643.6092 603.0775 627.5912
December 647.9786 571.5925 611.8541