YEARLY HIGH
0.0681 XOF
YEARLY LOW
0.0606 XOF
YEARLY AVERAGE
0.0638 XOF

2017 GNF to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0681. Conversely, the yearly low was recorded on December 30, dropping to 0.0606.

This high-to-low spread represents a total annual volatility of 0.0075 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0661 to the December average rate of 0.0614, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0681 was down 15.64% compared to the 2016 peak of 0.0807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GNF based on timing:

Yearly Peak High 341 XOF
2016 Average 359 XOF
Yearly Trough Low 303 XOF
Transaction Impact: A difference of 37.45 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0666
0.0609
JanuMarcMayJulySeptNove

GNF to XOF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0656, compared to 0.0620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0656
H2 Avg (Jul–Dec) 0.0620

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0035 XOF (High: 0.0681 / Low: 0.0646). On the other end, October was the most stable month, with a tight range of 0.0011 XOF (High: 0.0626 / Low: 0.0615).

April Spread (Volatile) ±0.0035
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and April, 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 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0661) against the same month in 2016 (average: 0.0768), the exchange rate shifted by -0.0107 (-13.92%).

2017 Avg (April) 0.0661
2016 Avg (April) 0.0768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0675 0.0650 0.0661
February 0.0674 0.0651 0.0659
March 0.0675 0.0647 0.0660
April 0.0681 0.0646 0.0661
May 0.0662 0.0639 0.0648
June 0.0655 0.0636 0.0645
July 0.0641 0.0617 0.0632
August 0.0631 0.0611 0.0621
September 0.0623 0.0607 0.0614
October 0.0626 0.0615 0.0621
November 0.0628 0.0610 0.0619
December 0.0620 0.0606 0.0614