2017 QAR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 QAR to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the QAR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2611.6541. Conversely, the yearly low was recorded on November 21, dropping to 2304.9868.
This high-to-low spread represents a total annual volatility of 306.6673 GNF. From a start-to-finish perspective, comparing the January average rate of 2572.2752 to the December average rate of 2458.4772, the exchange rate registered a net change of -4.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 2611.6541 was up 0.15% compared to the 2016 peak of 2607.8182, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
QAR 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 2540.0020, compared to 2425.0312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 114.9708 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 174.3173 GNF (High: 2479.3041 / Low: 2304.9868). On the other end, December was the most stable month, with a tight range of 47.8624 GNF (High: 2480.2850 / Low: 2432.4226).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 50.5820 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 2572.2752) against the same month in 2016 (average: 2124.2436), the exchange rate shifted by +448.0316 (+21.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2611.6541 | 2533.7838 | 2572.2752 |
| February | 2594.6190 | 2532.1399 | 2575.0421 |
| March | 2583.9976 | 2533.4484 | 2561.8766 |
| April | 2571.1205 | 2477.7749 | 2546.5392 |
| May | 2564.5261 | 2489.0503 | 2517.4306 |
| June | 2504.0842 | 2391.5830 | 2466.8486 |
| July | 2502.0049 | 2427.3519 | 2456.5346 |
| August | 2470.7234 | 2406.3942 | 2441.4161 |
| September | 2459.2390 | 2405.6323 | 2422.3067 |
| October | 2474.6314 | 2347.0910 | 2401.9241 |
| November | 2479.3041 | 2304.9868 | 2369.5287 |
| December | 2480.2850 | 2432.4226 | 2458.4772 |