2017 BND to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BND to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BND to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 6758.7111. Conversely, the yearly low was recorded on January 7, dropping to 6424.4839.
This high-to-low spread represents a total annual volatility of 334.2272 GNF. From a start-to-finish perspective, comparing the January average rate of 6552.8220 to the December average rate of 6699.4719, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 6758.7111 was down 0.54% compared to the 2016 peak of 6795.5219, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BND 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 6596.6784, compared to 6622.7279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.0495 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 246.7943 GNF (High: 6671.2782 / Low: 6424.4839). On the other end, October was the most stable month, with a tight range of 78.6731 GNF (High: 6638.9797 / Low: 6560.3066).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 53.6810 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 6699.4719) against the same month in 2016 (average: 6460.2450), the exchange rate shifted by +239.2269 (+3.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6671.2782 | 6424.4839 | 6552.8220 |
| February | 6718.9611 | 6573.6260 | 6631.6992 |
| March | 6729.1035 | 6542.5532 | 6638.6669 |
| April | 6688.4816 | 6458.7961 | 6627.3861 |
| May | 6689.2846 | 6471.7919 | 6573.7051 |
| June | 6612.7549 | 6474.2355 | 6555.7909 |
| July | 6628.3398 | 6495.9724 | 6571.1547 |
| August | 6635.9656 | 6501.4728 | 6565.5662 |
| September | 6707.2574 | 6516.1591 | 6646.2593 |
| October | 6638.9797 | 6560.3066 | 6601.1874 |
| November | 6732.3975 | 6592.9013 | 6652.7277 |
| December | 6758.7111 | 6651.4423 | 6699.4719 |