2017 COP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 COP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the COP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 3.2991. Conversely, the yearly low was recorded on July 8, dropping to 2.9128.
This high-to-low spread represents a total annual volatility of 0.3863 GNF. From a start-to-finish perspective, comparing the January average rate of 3.1876 to the December average rate of 3.0173, the exchange rate registered a net change of -5.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.2991 was up 3.43% compared to the 2016 peak of 3.1897, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000,000 COP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
COP 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 3.1729, compared to 3.0168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1561 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 0.1775 GNF (High: 3.1508 / Low: 2.9733). On the other end, December was the most stable month, with a tight range of 0.0654 GNF (High: 3.0495 / Low: 2.9841).
Growth Streaks & Declines
TrendsBetween July and September, 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 June and July, when the average rate fell by 0.0933 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 3.2587) against the same month in 2016 (average: 2.2947), the exchange rate shifted by +0.9640 (+42.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.2428 | 3.1320 | 3.1876 |
| February | 3.2991 | 3.1577 | 3.2587 |
| March | 3.2484 | 3.1023 | 3.1736 |
| April | 3.2762 | 3.1474 | 3.2219 |
| May | 3.1830 | 3.0707 | 3.1328 |
| June | 3.1508 | 2.9733 | 3.0628 |
| July | 3.0109 | 2.9128 | 2.9695 |
| August | 3.0675 | 2.9635 | 3.0076 |
| September | 3.1135 | 2.9724 | 3.0747 |
| October | 3.0940 | 2.9641 | 3.0379 |
| November | 3.0344 | 2.9259 | 2.9939 |
| December | 3.0495 | 2.9841 | 3.0173 |