2024 SZL to GNF Historical Review

YEARLY HIGH

502.7132 GNF

YEARLY LOW

445.6826 GNF

YEARLY AVERAGE

470.4684 GNF

2024 SZL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 502.7132. Conversely, the yearly low was recorded on February 26, dropping to 445.6826.

This high-to-low spread represents a total annual volatility of 57.0306 GNF. From a start-to-finish perspective, comparing the January average rate of 457.6228 to the December average rate of 473.7405, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 502.7132 was down 3.69% compared to the 2023 peak of 521.9976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,513,566 GNF

2023 Average 2,339,052 GNF

Yearly Trough Low 2,228,413 GNF

Transaction Impact: A difference of 285,153.09 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

495.6465

449.7382

JanuMarcMayJulySeptNove

SZL 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 459.5226, compared to 481.4143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.8917 points.

H1 Avg (Jan–Jun) 459.5226

H2 Avg (Jul–Dec) 481.4143

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 30.5041 GNF (High: 488.9267 / Low: 458.4226). On the other end, July was the most stable month, with a tight range of 12.0440 GNF (High: 478.3157 / Low: 466.2716).

December Spread (Volatile) ±30.5041

July Spread (Stable) ±12.0440

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 9.8901 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -9.8901

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 490.5119) against the same month in 2023 (average: 453.9931), the exchange rate shifted by +36.5188 (+8.04%).

2024 Avg (September) 490.5119

2023 Avg (September) 453.9931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	465.8595	448.9835	457.6228
February	465.4821	445.6826	453.5639
March	462.1419	448.7731	456.1066
April	464.8387	447.5460	455.6898
May	474.2211	460.8345	467.0741
June	481.1823	451.5830	467.0784
July	478.3157	466.2716	472.2957
August	489.3366	464.1747	478.1860
September	502.7132	480.2613	490.5119
October	501.5822	486.0421	491.8208
November	495.1044	473.6553	481.9308
December	488.9267	458.4226	473.7405