2017 NZD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |