2017 HNL to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 HNL to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the HNL to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 27.2214. Conversely, the yearly low was recorded on December 30, dropping to 23.1334.
This high-to-low spread represents a total annual volatility of 4.0880 XOF. From a start-to-finish perspective, comparing the January average rate of 26.5100 to the December average rate of 23.4355, the exchange rate registered a net change of -11.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 27.2214 was down 0.57% compared to the 2016 peak of 27.3782, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
HNL to XOF 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 25.8980, compared to 23.7433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1547 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1.3193 XOF (High: 27.2214 / Low: 25.9021). On the other end, June was the most stable month, with a tight range of 0.4562 XOF (High: 25.1029 / Low: 24.6467).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8222 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 26.5100) against the same month in 2016 (average: 27.0665), the exchange rate shifted by -0.5565 (-2.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.2214 | 25.9021 | 26.5100 |
| February | 26.5238 | 25.8722 | 26.2407 |
| March | 26.6167 | 25.7805 | 26.1969 |
| April | 26.4883 | 25.6212 | 26.1428 |
| May | 25.6828 | 24.9344 | 25.3206 |
| June | 25.1029 | 24.6467 | 24.9771 |
| July | 24.7617 | 23.8739 | 24.3441 |
| August | 23.9975 | 23.4334 | 23.7740 |
| September | 23.8697 | 23.2422 | 23.4943 |
| October | 23.9737 | 23.5072 | 23.7549 |
| November | 24.0207 | 23.2205 | 23.6572 |
| December | 23.6547 | 23.1334 | 23.4355 |