2017 BAM to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BAM to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BAM to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 5533.1491. Conversely, the yearly low was recorded on April 18, dropping to 4923.3418.
This high-to-low spread represents a total annual volatility of 609.8073 GNF. From a start-to-finish perspective, comparing the January average rate of 5089.4478 to the December average rate of 5460.0016, the exchange rate registered a net change of 7.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 5533.1491 was up 5.34% compared to the 2016 peak of 5252.7383, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BAM 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 5125.9298, compared to 5406.1303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 280.2006 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 282.0737 GNF (High: 5205.4155 / Low: 4923.3418). On the other end, October was the most stable month, with a tight range of 96.2557 GNF (High: 5453.7031 / Low: 5357.4474).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 66.2174 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 5460.0016) against the same month in 2016 (average: 4997.0456), the exchange rate shifted by +462.9560 (+9.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5192.8665 | 4967.9520 | 5089.4478 |
| February | 5163.7012 | 5000.3769 | 5105.0015 |
| March | 5206.7357 | 4975.7121 | 5098.7541 |
| April | 5205.4155 | 4923.3418 | 5076.1329 |
| May | 5254.7465 | 5067.1856 | 5182.0393 |
| June | 5297.7651 | 5119.0230 | 5204.2029 |
| July | 5398.0559 | 5244.2968 | 5308.1703 |
| August | 5487.4669 | 5320.0143 | 5395.1402 |
| September | 5529.9266 | 5381.9952 | 5464.2582 |
| October | 5453.7031 | 5357.4474 | 5398.0408 |
| November | 5503.2205 | 5338.0779 | 5411.1709 |
| December | 5533.1491 | 5409.5553 | 5460.0016 |