2016 AZN to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AZN to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AZN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 20399.5860. Conversely, the yearly low was recorded on December 30, dropping to 16692.0088.
This high-to-low spread represents a total annual volatility of 3707.5771 IRR. From a start-to-finish perspective, comparing the January average rate of 18941.9188 to the December average rate of 16972.9896, the exchange rate registered a net change of -10.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 20399.5860 was down 42.04% compared to the 2015 peak of 35194.7764, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AZN to IRR 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 19469.5215, compared to 18207.3721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1262.1494 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 1354.5882 IRR (High: 19542.0722 / Low: 18187.4840). On the other end, April was the most stable month, with a tight range of 371.9649 IRR (High: 20148.9032 / Low: 19776.9383).
Growth Streaks & Declines
TrendsBetween March and May, 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 October and November, when the average rate fell by 953.3377 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 20176.2129) against the same month in 2015 (average: 27049.3329), the exchange rate shifted by -6873.1199 (-25.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19205.0746 | 18472.0252 | 18941.9188 |
| February | 19365.1404 | 18594.6365 | 19085.6311 |
| March | 19542.0722 | 18187.4840 | 18725.4441 |
| April | 20148.9032 | 19776.9383 | 19936.7358 |
| May | 20399.5860 | 20026.8074 | 20176.2129 |
| June | 20368.9578 | 19499.7572 | 19951.1862 |
| July | 19581.8041 | 18839.9443 | 19241.2466 |
| August | 18848.5038 | 18184.8953 | 18512.6338 |
| September | 18490.1850 | 18114.1335 | 18296.9521 |
| October | 18811.8254 | 18189.1813 | 18586.8740 |
| November | 18210.9930 | 17249.1944 | 17633.5364 |
| December | 17227.2140 | 16692.0088 | 16972.9896 |