2017 PHP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PHP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PHP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 191.7601. Conversely, the yearly low was recorded on August 21, dropping to 171.9425.
This high-to-low spread represents a total annual volatility of 19.8176 GNF. From a start-to-finish perspective, comparing the January average rate of 188.2844 to the December average rate of 179.3420, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 191.7601 was down 2.05% compared to the 2016 peak of 195.7735, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PHP 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 185.6010, compared to 176.7541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.8470 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 7.2914 GNF (High: 188.8581 / Low: 181.5667). On the other end, December was the most stable month, with a tight range of 3.1676 GNF (High: 181.0706 / Low: 177.9030).
Growth Streaks & Declines
TrendsBetween October and December, 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 3.9507 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 188.2844) against the same month in 2016 (average: 162.7992), the exchange rate shifted by +25.4852 (+15.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 191.7601 | 185.0185 | 188.2844 |
| February | 189.5381 | 183.4319 | 187.5629 |
| March | 187.2156 | 183.3469 | 185.7398 |
| April | 188.8581 | 181.5667 | 186.1135 |
| May | 187.1352 | 182.2765 | 183.9752 |
| June | 184.7987 | 179.1056 | 181.9304 |
| July | 180.1851 | 175.2635 | 177.9797 |
| August | 178.7312 | 171.9425 | 175.3267 |
| September | 177.2648 | 173.7852 | 175.9337 |
| October | 177.1542 | 173.3159 | 174.8304 |
| November | 179.9114 | 174.7853 | 177.1120 |
| December | 181.0706 | 177.9030 | 179.3420 |