2017 NAD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NAD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 754.4932. Conversely, the yearly low was recorded on November 15, dropping to 623.3584.
This high-to-low spread represents a total annual volatility of 131.1347 GNF. From a start-to-finish perspective, comparing the January average rate of 691.7323 to the December average rate of 687.6803, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 754.4932 was up 9.29% compared to the 2016 peak of 690.3859, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NAD 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 701.5519, compared to 671.3310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.2208 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 77.8356 GNF (High: 733.7204 / Low: 655.8848). On the other end, July was the most stable month, with a tight range of 27.5615 GNF (High: 697.3743 / Low: 669.8128).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 34.2849 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 722.9572) against the same month in 2016 (average: 495.6852), the exchange rate shifted by +227.2720 (+45.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 709.6266 | 671.6418 | 691.7323 |
| February | 725.8302 | 693.1863 | 710.1258 |
| March | 754.4932 | 687.7301 | 722.9572 |
| April | 719.1730 | 658.3005 | 688.6723 |
| May | 711.6913 | 674.6771 | 691.8499 |
| June | 719.6372 | 691.0215 | 703.9738 |
| July | 697.3743 | 669.8128 | 686.9147 |
| August | 691.8627 | 663.3337 | 675.2598 |
| September | 698.3453 | 660.0515 | 681.8326 |
| October | 671.6129 | 636.2041 | 656.2356 |
| November | 660.5566 | 623.3584 | 640.0633 |
| December | 733.7204 | 655.8848 | 687.6803 |