2024 UYU to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UYU to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UYU to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 228.9755. Conversely, the yearly low was recorded on December 20, dropping to 193.0155.
This high-to-low spread represents a total annual volatility of 35.9600 GNF. From a start-to-finish perspective, comparing the January average rate of 219.4226 to the December average rate of 196.2716, the exchange rate registered a net change of -10.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 228.9755 was down 0.80% compared to the 2023 peak of 230.8265, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UYU 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 221.5352, compared to 207.7666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.7686 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 10.8508 GNF (High: 215.0919 / Low: 204.2411). On the other end, August was the most stable month, with a tight range of 2.3174 GNF (High: 214.4028 / Low: 212.0854).
Growth Streaks & Declines
TrendsBetween January and April, 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 7.4442 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 223.4373) against the same month in 2023 (average: 220.9268), the exchange rate shifted by +2.5105 (+1.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 222.0576 | 217.4458 | 219.4226 |
| February | 221.5205 | 218.9797 | 219.8725 |
| March | 228.9755 | 219.6072 | 223.4373 |
| April | 228.8397 | 220.3778 | 223.6204 |
| May | 225.0446 | 221.5124 | 223.2870 |
| June | 221.9522 | 216.8996 | 219.5712 |
| July | 215.5387 | 212.4643 | 214.3265 |
| August | 214.4028 | 212.0854 | 213.6687 |
| September | 215.0919 | 204.2411 | 210.9549 |
| October | 210.3949 | 206.4365 | 207.6623 |
| November | 207.7233 | 200.2954 | 203.7158 |
| December | 200.5428 | 193.0155 | 196.2716 |