2017 RON to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 RON to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the RON to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 2349.8835. Conversely, the yearly low was recorded on April 18, dropping to 2139.0144.
This high-to-low spread represents a total annual volatility of 210.8691 GNF. From a start-to-finish perspective, comparing the January average rate of 2211.0004 to the December average rate of 2303.1571, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2349.8835 was up 1.59% compared to the 2016 peak of 2313.1910, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
RON 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 2210.0403, compared to 2298.6596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 88.6194 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 105.5689 GNF (High: 2244.5834 / Low: 2139.0144). On the other end, December was the most stable month, with a tight range of 35.7734 GNF (High: 2319.1639 / Low: 2283.3906).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 24.1714 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 2323.8145) against the same month in 2016 (average: 2289.5211), the exchange rate shifted by +34.2934 (+1.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2250.7150 | 2156.7450 | 2211.0004 |
| February | 2241.1133 | 2154.4689 | 2210.4168 |
| March | 2235.8381 | 2148.5462 | 2193.4641 |
| April | 2244.5834 | 2139.0144 | 2192.0089 |
| May | 2255.7928 | 2177.1770 | 2226.0778 |
| June | 2272.4384 | 2186.4249 | 2227.2737 |
| July | 2330.5434 | 2242.8559 | 2274.1765 |
| August | 2341.8844 | 2266.4671 | 2304.9399 |
| September | 2349.8835 | 2288.7173 | 2323.8145 |
| October | 2320.2746 | 2272.6359 | 2299.6430 |
| November | 2315.6809 | 2258.0358 | 2286.2268 |
| December | 2319.1639 | 2283.3906 | 2303.1571 |