2017 NZD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NZD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NZD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 51.5821. Conversely, the yearly low was recorded on March 11, dropping to 45.8963.
This high-to-low spread represents a total annual volatility of 5.6859 AFN. From a start-to-finish perspective, comparing the January average rate of 47.5323 to the December average rate of 48.2384, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 51.5821 was up 2.91% compared to the 2016 peak of 50.1237, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NZD to AFN 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 47.6546, compared to 48.9422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2876 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 2.6974 AFN (High: 49.4279 / Low: 46.7305). On the other end, February was the most stable month, with a tight range of 1.0348 AFN (High: 48.8800 / Low: 47.8452).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.5859 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 50.2949) against the same month in 2016 (average: 49.0441), the exchange rate shifted by +1.2508 (+2.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.7099 | 46.2532 | 47.5323 |
| February | 48.8800 | 47.8452 | 48.2327 |
| March | 47.5480 | 45.8963 | 46.7088 |
| April | 47.6835 | 46.3869 | 47.0284 |
| May | 48.3933 | 46.4571 | 47.2273 |
| June | 49.7792 | 48.2608 | 49.1981 |
| July | 51.5821 | 49.3529 | 50.2949 |
| August | 50.8779 | 48.9084 | 50.0140 |
| September | 50.3498 | 49.0183 | 49.7088 |
| October | 49.4279 | 46.7305 | 48.1229 |
| November | 47.8379 | 46.7290 | 47.2743 |
| December | 49.4286 | 46.9905 | 48.2384 |