YEARLY HIGH
17803.4828 IRR
YEARLY LOW
15980.7387 IRR
YEARLY AVERAGE
17062.1931 IRR

2016 BGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 17803.4828. Conversely, the yearly low was recorded on December 20, dropping to 15980.7387.

This high-to-low spread represents a total annual volatility of 1822.7442 IRR. From a start-to-finish perspective, comparing the January average rate of 16666.6882 to the December average rate of 16204.2186, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 17803.4828 was up 0.95% compared to the 2015 peak of 17636.4484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 89,017,414 IRR
2015 Average 82,158,173 IRR
Yearly Trough Low 79,903,693 IRR
Transaction Impact: A difference of 9,113,720.82 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

17661.4281
16071.7450
JanuMarcMayJulySeptNove

BGN to IRR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 17242.9793, compared to 16881.4069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 361.5723 points.

H1 Avg (Jan–Jun) 17242.9793
H2 Avg (Jul–Dec) 16881.4069

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 860.8126 IRR (High: 17106.6010 / Low: 16245.7884). On the other end, September was the most stable month, with a tight range of 172.7342 IRR (High: 17331.4444 / Low: 17158.7102).

November Spread (Volatile) ±860.8126
September Spread (Stable) ±172.7342

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 391.9402 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -391.9402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 17486.7213) against the same month in 2015 (average: 16200.9463), the exchange rate shifted by +1285.7750 (+7.94%).

2016 Avg (May) 17486.7213
2015 Avg (May) 16200.9463

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16759.6657 16522.7895 16666.6882
February 17458.9232 16679.5977 17131.6723
March 17566.3117 16791.2957 17209.1392
April 17684.4927 17364.8077 17528.9545
May 17803.4828 17228.1763 17486.7213
June 17656.6884 17086.4539 17434.7001
July 17327.2827 16894.1880 17059.8761
August 17411.4255 17044.9522 17227.8852
September 17331.4444 17158.7102 17234.9962
October 17254.9447 16733.6593 16965.3069
November 17106.6010 16245.7884 16596.1587
December 16496.5987 15980.7387 16204.2186