YEARLY HIGH
11764.5030 GNF
YEARLY LOW
11266.1455 GNF
YEARLY AVERAGE
11435.6053 GNF

2024 XDR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 11764.5030. Conversely, the yearly low was recorded on November 28, dropping to 11266.1455.

This high-to-low spread represents a total annual volatility of 498.3576 GNF. From a start-to-finish perspective, comparing the January average rate of 11476.9883 to the December average rate of 11320.2176, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11764.5030 was down 1.14% compared to the 2023 peak of 11899.7554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,822,515 GNF
2023 Average 57,515,308 GNF
Yearly Trough Low 56,330,727 GNF
Transaction Impact: A difference of 2,491,787.76 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11690.3118
11286.5727
JanuMarcMayJulySeptNove

XDR 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 11397.4043, compared to 11473.8063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 76.4020 points.

H1 Avg (Jan–Jun) 11397.4043
H2 Avg (Jul–Dec) 11473.8063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 311.9410 GNF (High: 11764.5030 / Low: 11452.5620). On the other end, May was the most stable month, with a tight range of 60.4833 GNF (High: 11382.4622 / Low: 11321.9790).

October Spread (Volatile) ±311.9410
May Spread (Stable) ±60.4833

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 161.9813 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -161.9813

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 11564.5871) against the same month in 2023 (average: 11294.6693), the exchange rate shifted by +269.9179 (+2.39%).

2024 Avg (October) 11564.5871
2023 Avg (October) 11294.6693

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11540.9068 11437.2876 11476.9883
February 11486.8155 11383.6235 11417.7403
March 11489.5476 11377.6334 11427.9939
April 11397.7312 11267.0254 11346.1393
May 11382.4622 11321.9790 11358.6757
June 11423.1006 11312.7705 11356.8883
July 11466.5600 11311.1757 11384.4276
August 11630.6726 11438.3082 11514.3329
September 11699.1794 11613.0568 11656.6669
October 11764.5030 11452.5620 11564.5871
November 11556.3659 11266.1455 11402.6058
December 11375.7865 11269.3027 11320.2176