2017 GNF to ZAR Historical Review

YEARLY HIGH

0.0016 ZAR

YEARLY LOW

0.0013 ZAR

YEARLY AVERAGE

0.0015 ZAR

2017 GNF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0016. Conversely, the yearly low was recorded on March 24, dropping to 0.0013.

This high-to-low spread represents a total annual volatility of 0.0003 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0015, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0016 was down 26.62% compared to the 2016 peak of 0.0022, 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 8 ZAR

2016 Average 9 ZAR

Yearly Trough Low 7 ZAR

Transaction Impact: A difference of 1.40 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0016

0.0014

JanuMarcMayJulySeptNove

GNF to ZAR 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 0.0014, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0014

H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0002 ZAR (High: 0.0015 / Low: 0.0014). On the other end, July was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0015 / Low: 0.0014).

December Spread (Volatile) ±0.0002

July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0016) against the same month in 2016 (average: 0.0015), the exchange rate shifted by +0.0000 (+1.99%).

2017 Avg (November) 0.0016

2016 Avg (November) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0015	0.0014	0.0015
February	0.0014	0.0014	0.0014
March	0.0015	0.0013	0.0014
April	0.0015	0.0014	0.0014
May	0.0015	0.0014	0.0014
June	0.0015	0.0014	0.0014
July	0.0015	0.0014	0.0015
August	0.0015	0.0014	0.0015
September	0.0015	0.0014	0.0015
October	0.0016	0.0015	0.0015
November	0.0016	0.0015	0.0016
December	0.0015	0.0014	0.0015