2017 AZN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AZN to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AZN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 5608.3483. Conversely, the yearly low was recorded on February 1, dropping to 4772.7622.
This high-to-low spread represents a total annual volatility of 835.5861 GNF. From a start-to-finish perspective, comparing the January average rate of 5055.7566 to the December average rate of 5313.7718, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 5608.3483 was down 3.83% compared to the 2016 peak of 5831.4307, 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 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 5310.7036, compared to 5303.1531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.5505 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 566.4579 GNF (High: 5339.2201 / Low: 4772.7622). On the other end, November was the most stable month, with a tight range of 51.0202 GNF (High: 5334.0006 / Low: 5282.9804).
Growth Streaks & Declines
TrendsBetween August and December, 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 85.7527 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 5500.3985) against the same month in 2016 (average: 5000.0941), the exchange rate shifted by +500.3043 (+10.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5267.7204 | 4807.4278 | 5055.7566 |
| February | 5339.2201 | 4772.7622 | 5139.7656 |
| March | 5510.6158 | 5211.7812 | 5374.4909 |
| April | 5608.3483 | 5378.2116 | 5500.3985 |
| May | 5562.5037 | 5342.7941 | 5439.7813 |
| June | 5409.0923 | 5288.9440 | 5354.0286 |
| July | 5403.0426 | 5254.7647 | 5337.1871 |
| August | 5334.0453 | 5206.8235 | 5274.8554 |
| September | 5339.6618 | 5220.5588 | 5285.9345 |
| October | 5353.7260 | 5245.4118 | 5299.3099 |
| November | 5334.0006 | 5282.9804 | 5307.8600 |
| December | 5354.0890 | 5294.1176 | 5313.7718 |