2017 GNF to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GNF to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GNF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3.9531. Conversely, the yearly low was recorded on January 1, dropping to 3.1801.
This high-to-low spread represents a total annual volatility of 0.7730 IRR. From a start-to-finish perspective, comparing the January average rate of 3.3859 to the December average rate of 3.9088, the exchange rate registered a net change of 15.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.9531 was down 5.17% compared to the 2016 peak of 4.1684, 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 IRR 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 3.4897, compared to 3.7579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2682 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.3262 IRR (High: 3.5063 / Low: 3.1801). On the other end, November was the most stable month, with a tight range of 0.0399 IRR (High: 3.8711 / Low: 3.8313).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 3.9088) against the same month in 2016 (average: 3.2416), the exchange rate shifted by +0.6672 (+20.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.5063 | 3.1801 | 3.3859 |
| February | 3.5142 | 3.4291 | 3.4557 |
| March | 3.5160 | 3.4458 | 3.4764 |
| April | 3.5961 | 3.4657 | 3.4997 |
| May | 3.5809 | 3.4748 | 3.5412 |
| June | 3.6219 | 3.5514 | 3.5796 |
| July | 3.6781 | 3.5657 | 3.6199 |
| August | 3.7155 | 3.6385 | 3.6779 |
| September | 3.7404 | 3.6856 | 3.7148 |
| October | 3.8343 | 3.7111 | 3.7781 |
| November | 3.8711 | 3.8313 | 3.8479 |
| December | 3.9531 | 3.8518 | 3.9088 |