2017 FKP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FKP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FKP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 12222.9434. Conversely, the yearly low was recorded on January 15, dropping to 11183.1319.
This high-to-low spread represents a total annual volatility of 1039.8116 GNF. From a start-to-finish perspective, comparing the January average rate of 11565.2155 to the December average rate of 12089.3615, the exchange rate registered a net change of 4.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 12222.9434 was down 3.12% compared to the 2016 peak of 12616.9280, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
FKP 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 11658.1536, compared to 11850.6514 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 192.4978 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 746.1171 GNF (High: 11929.2489 / Low: 11183.1319). On the other end, December was the most stable month, with a tight range of 185.7610 GNF (High: 12183.6292 / Low: 11997.8682).
Growth Streaks & Declines
TrendsBetween March and May, 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 May and June, when the average rate fell by 237.0221 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 11943.6892) against the same month in 2016 (average: 11945.1228), the exchange rate shifted by -1.4336 (-0.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11929.2489 | 11183.1319 | 11565.2155 |
| February | 11793.8712 | 11412.9675 | 11699.5247 |
| March | 11770.6561 | 11293.8442 | 11513.2931 |
| April | 12101.4513 | 11404.8176 | 11720.7799 |
| May | 12078.5386 | 11635.4698 | 11843.5651 |
| June | 11822.4915 | 11416.2315 | 11606.5431 |
| July | 11862.9930 | 11508.2678 | 11718.9779 |
| August | 11827.2491 | 11355.6781 | 11574.1225 |
| September | 12222.9434 | 11493.1015 | 11943.6892 |
| October | 12086.7265 | 11719.2859 | 11855.6256 |
| November | 12176.9061 | 11772.6377 | 11922.1315 |
| December | 12183.6292 | 11997.8682 | 12089.3615 |