2017 GNF to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GNF to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GNF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0021. Conversely, the yearly low was recorded on February 25, dropping to 0.0017.
This high-to-low spread represents a total annual volatility of 0.0004 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0020, the exchange rate registered a net change of -0.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.0021 was down 1.63% compared to the 2016 peak of 0.0021, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GNF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GNF to EGP 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 0.0019, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 0.0003 EGP (High: 0.0020 / Low: 0.0017). On the other end, November was the most stable month, with a tight range of 0.0000 EGP (High: 0.0020 / Low: 0.0019).
Growth Streaks & Declines
TrendsBetween February and June, 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 January and February, when the average rate fell by 0.0002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 0.0020) against the same month in 2016 (average: 0.0010), the exchange rate shifted by +0.0010 (+96.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0021 | 0.0019 | 0.0020 |
| February | 0.0020 | 0.0017 | 0.0018 |
| March | 0.0020 | 0.0017 | 0.0019 |
| April | 0.0020 | 0.0019 | 0.0019 |
| May | 0.0020 | 0.0019 | 0.0020 |
| June | 0.0020 | 0.0020 | 0.0020 |
| July | 0.0020 | 0.0020 | 0.0020 |
| August | 0.0020 | 0.0020 | 0.0020 |
| September | 0.0020 | 0.0020 | 0.0020 |
| October | 0.0020 | 0.0020 | 0.0020 |
| November | 0.0020 | 0.0019 | 0.0020 |
| December | 0.0020 | 0.0020 | 0.0020 |