2024 SOS to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SOS to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SOS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 15.2227. Conversely, the yearly low was recorded on June 8, dropping to 14.9408.
This high-to-low spread represents a total annual volatility of 0.2820 GNF. From a start-to-finish perspective, comparing the January average rate of 15.0462 to the December average rate of 15.1062, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 15.2227 was down 1.66% compared to the 2023 peak of 15.4793, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SOS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SOS 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 15.0464, compared to 15.1008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0544 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.1862 GNF (High: 15.2227 / Low: 15.0365). On the other end, December was the most stable month, with a tight range of 0.0426 GNF (High: 15.1248 / Low: 15.0822).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0192 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 15.1047) against the same month in 2023 (average: 15.1283), the exchange rate shifted by -0.0236 (-0.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.1000 | 15.0104 | 15.0462 |
| February | 15.0788 | 14.9954 | 15.0467 |
| March | 15.0878 | 15.0259 | 15.0420 |
| April | 15.0807 | 14.9927 | 15.0369 |
| May | 15.1234 | 15.0302 | 15.0479 |
| June | 15.0967 | 14.9408 | 15.0589 |
| July | 15.1351 | 15.0519 | 15.0718 |
| August | 15.2227 | 15.0365 | 15.1047 |
| September | 15.1489 | 15.0301 | 15.1202 |
| October | 15.1928 | 15.0905 | 15.1107 |
| November | 15.1156 | 15.0603 | 15.0915 |
| December | 15.1248 | 15.0822 | 15.1062 |