2017 AZN to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AZN to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AZN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 28.1563. Conversely, the yearly low was recorded on February 1, dropping to 22.3754.
This high-to-low spread represents a total annual volatility of 5.7809 GMD. From a start-to-finish perspective, comparing the January average rate of 23.5031 to the December average rate of 28.0031, the exchange rate registered a net change of 19.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 28.1563 was down 2.29% compared to the 2016 peak of 28.8147, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
AZN to GMD 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 25.8027, compared to 27.5321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7294 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 2.8860 GMD (High: 25.2614 / Low: 22.3754). On the other end, November was the most stable month, with a tight range of 0.1963 GMD (High: 28.0149 / Low: 27.8187).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2138 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 28.0031) against the same month in 2016 (average: 24.1616), the exchange rate shifted by +3.8414 (+15.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.4454 | 22.4013 | 23.5031 |
| February | 25.2614 | 22.3754 | 24.2152 |
| March | 26.5073 | 24.9649 | 25.7734 |
| April | 27.2072 | 26.3848 | 26.8226 |
| May | 27.5768 | 26.7647 | 27.3580 |
| June | 27.3776 | 26.9712 | 27.1442 |
| July | 27.3264 | 27.0441 | 27.2686 |
| August | 27.4407 | 26.6176 | 27.1104 |
| September | 27.3550 | 26.9853 | 27.1398 |
| October | 28.0935 | 27.1029 | 27.7736 |
| November | 28.0149 | 27.8187 | 27.8974 |
| December | 28.1563 | 27.8941 | 28.0031 |