2024 XDR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |