YEARLY HIGH
3098.2197 GNF
YEARLY LOW
3055.8092 GNF
YEARLY AVERAGE
3075.6493 GNF

2024 WST to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 3098.2197. Conversely, the yearly low was recorded on March 23, dropping to 3055.8092.

This high-to-low spread represents a total annual volatility of 42.4105 GNF. From a start-to-finish perspective, comparing the January average rate of 3069.6588 to the December average rate of 3082.3781, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3098.2197 was down 5.03% compared to the 2023 peak of 3262.2194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,491,098 GNF
2023 Average 15,776,432 GNF
Yearly Trough Low 15,279,046 GNF
Transaction Impact: A difference of 212,052.27 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3087.6807
3066.4424
JanuMarcMayJulySeptNove

WST 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 3070.2101, compared to 3081.0884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.8783 points.

H1 Avg (Jan–Jun) 3070.2101
H2 Avg (Jul–Dec) 3081.0884

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 30.5057 GNF (High: 3086.7673 / Low: 3056.2616). On the other end, September was the most stable month, with a tight range of 10.4494 GNF (High: 3091.2376 / Low: 3080.7882).

August Spread (Volatile) ±30.5057
September Spread (Stable) ±10.4494

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 3.8681 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.8681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 3084.8981) against the same month in 2023 (average: 3128.0259), the exchange rate shifted by -43.1278 (-1.38%).

2024 Avg (October) 3084.8981
2023 Avg (October) 3128.0259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3079.8630 3061.4150 3069.6588
February 3092.1313 3067.5647 3072.3112
March 3077.8617 3055.8092 3069.0232
April 3078.0274 3059.6887 3068.2122
May 3075.9402 3057.0096 3069.0565
June 3090.5779 3067.3527 3072.9987
July 3087.9651 3064.7119 3074.5945
August 3086.7673 3056.2616 3077.7189
September 3091.2376 3080.7882 3085.9109
October 3098.2197 3078.3275 3084.8981
November 3096.0288 3071.2195 3081.0300
December 3090.7155 3073.1857 3082.3781