2017 MYR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MYR to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MYR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2220.6164. Conversely, the yearly low was recorded on April 18, dropping to 2045.0980.
This high-to-low spread represents a total annual volatility of 175.5184 GNF. From a start-to-finish perspective, comparing the January average rate of 2100.5451 to the December average rate of 2211.7217, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2220.6164 was down 2.39% compared to the 2016 peak of 2275.0460, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MYR to GNF 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 2110.2720, compared to 2135.3909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.1189 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 106.8489 GNF (High: 2151.9470 / Low: 2045.0980). On the other end, December was the most stable month, with a tight range of 19.0374 GNF (High: 2220.6164 / Low: 2201.5790).
Growth Streaks & Declines
TrendsBetween March and May, 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 June and July, when the average rate fell by 20.2218 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 2211.7217) against the same month in 2016 (average: 2080.9980), the exchange rate shifted by +130.7237 (+6.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2137.8668 | 2062.3867 | 2100.5451 |
| February | 2126.1458 | 2076.5738 | 2110.6378 |
| March | 2124.4674 | 2073.7332 | 2101.6417 |
| April | 2151.9470 | 2045.0980 | 2105.4577 |
| May | 2159.3866 | 2086.3010 | 2123.2727 |
| June | 2143.0249 | 2095.1713 | 2120.0768 |
| July | 2119.5440 | 2068.3218 | 2099.8549 |
| August | 2101.9391 | 2064.7539 | 2085.3378 |
| September | 2148.2093 | 2078.2022 | 2128.3620 |
| October | 2136.7661 | 2113.1927 | 2123.9932 |
| November | 2208.1010 | 2125.8097 | 2163.0757 |
| December | 2220.6164 | 2201.5790 | 2211.7217 |