YEARLY HIGH
6875.5789 GNF
YEARLY LOW
6140.4052 GNF
YEARLY AVERAGE
6487.1427 GNF

2017 NZD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 6875.5789. Conversely, the yearly low was recorded on November 19, dropping to 6140.4052.

This high-to-low spread represents a total annual volatility of 735.1738 GNF. From a start-to-finish perspective, comparing the January average rate of 6670.6105 to the December average rate of 6283.4768, the exchange rate registered a net change of -5.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 6875.5789 was up 1.71% compared to the 2016 peak of 6759.7068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 34,377,895 GNF
2016 Average 29,237,687 GNF
Yearly Trough Low 30,702,026 GNF
Transaction Impact: A difference of 3,675,868.93 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6824.7738
6153.1276
JanuMarcMayJulySeptNove

NZD to GNF 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 6559.6396, compared to 6414.6457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 144.9939 points.

H1 Avg (Jan–Jun) 6559.6396
H2 Avg (Jul–Dec) 6414.6457

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 442.6269 GNF (High: 6860.7593 / Low: 6418.1325). On the other end, November was the most stable month, with a tight range of 139.0799 GNF (High: 6279.4851 / Low: 6140.4052).

January Spread (Volatile) ±442.6269
November Spread (Stable) ±139.0799

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 235.8857 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -235.8857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 6768.8033) against the same month in 2016 (average: 5109.4491), the exchange rate shifted by +1659.3543 (+32.48%).

2017 Avg (February) 6768.8033
2016 Avg (February) 5109.4491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6860.7593 6418.1325 6670.6105
February 6875.5789 6613.5052 6768.8033
March 6604.5912 6436.9148 6532.9177
April 6565.2343 6339.6898 6466.3952
May 6490.3928 6224.1218 6366.6826
June 6650.6586 6420.2592 6552.4283
July 6767.0092 6530.1763 6638.0652
August 6692.9770 6399.6637 6527.3946
September 6600.1421 6349.8452 6501.8075
October 6512.2518 6164.7420 6328.0321
November 6279.4851 6140.4052 6209.0981
December 6402.3650 6156.5824 6283.4768