YEARLY HIGH
3209.9370 GNF
YEARLY LOW
3165.9972 GNF
YEARLY AVERAGE
3186.5527 GNF

2024 XCD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 3209.9370. Conversely, the yearly low was recorded on March 23, dropping to 3165.9972.

This high-to-low spread represents a total annual volatility of 43.9397 GNF. From a start-to-finish perspective, comparing the January average rate of 3180.3463 to the December average rate of 3193.5242, 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 3209.9370 was down 1.42% compared to the 2023 peak of 3256.1840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,049,685 GNF
2023 Average 15,945,251 GNF
Yearly Trough Low 15,829,986 GNF
Transaction Impact: A difference of 219,698.56 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3199.0180
3177.0138
JanuMarcMayJulySeptNove

XCD 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 3180.9174, compared to 3192.1880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.2706 points.

H1 Avg (Jan–Jun) 3180.9174
H2 Avg (Jul–Dec) 3192.1880

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 31.6057 GNF (High: 3198.0716 / Low: 3166.4659). On the other end, September was the most stable month, with a tight range of 10.8262 GNF (High: 3202.7031 / Low: 3191.8769).

August Spread (Volatile) ±31.6057
September Spread (Stable) ±10.8262

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 4.0076 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 3196.1350) against the same month in 2023 (average: 3182.3824), the exchange rate shifted by +13.7526 (+0.43%).

2024 Avg (October) 3196.1350
2023 Avg (October) 3182.3824

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3190.9183 3171.8052 3180.3463
February 3203.6290 3178.1766 3183.0942
March 3188.8449 3165.9972 3179.6877
April 3189.0165 3170.0166 3178.8475
May 3186.8541 3167.2409 3179.7222
June 3202.0196 3177.9569 3183.8065
July 3199.3126 3175.2209 3185.4599
August 3198.0716 3166.4659 3188.6970
September 3202.7031 3191.8769 3197.1843
October 3209.9370 3189.3275 3196.1350
November 3207.6671 3181.9632 3192.1275
December 3202.1622 3184.0003 3193.5242