YEARLY HIGH
15.2227 GNF
YEARLY LOW
14.9408 GNF
YEARLY AVERAGE
15.0736 GNF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 76,114 GNF
2023 Average 75,691 GNF
Yearly Trough Low 74,704 GNF
Transaction Impact: A difference of 1,409.93 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.1285
15.0286
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 15.0464
H2 Avg (Jul–Dec) 15.1008

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±0.1862
December Spread (Stable) ±0.0426

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (August) 15.1047
2023 Avg (August) 15.1283

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