YEARLY HIGH
21872.4504 IRR
YEARLY LOW
16008.5619 IRR
YEARLY AVERAGE
19109.8031 IRR

2017 BGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 21872.4504. Conversely, the yearly low was recorded on January 3, dropping to 16008.5619.

This high-to-low spread represents a total annual volatility of 5863.8885 IRR. From a start-to-finish perspective, comparing the January average rate of 17238.0309 to the December average rate of 21347.9236, the exchange rate registered a net change of 23.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 21872.4504 was up 22.85% compared to the 2016 peak of 17803.4828, 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 109,362,252 IRR
2016 Average 85,301,608 IRR
Yearly Trough Low 80,042,809 IRR
Transaction Impact: A difference of 29,319,442.65 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

21758.9129
16827.0416
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 17893.5455, compared to 20326.0607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2432.5152 points.

H1 Avg (Jan–Jun) 17893.5455
H2 Avg (Jul–Dec) 20326.0607

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 1860.2913 IRR (High: 17868.8531 / Low: 16008.5619). On the other end, February was the most stable month, with a tight range of 371.3652 IRR (High: 17847.5865 / Low: 17476.2212).

January Spread (Volatile) ±1860.2913
February Spread (Stable) ±371.3652

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 21347.9236) against the same month in 2016 (average: 16204.2186), the exchange rate shifted by +5143.7050 (+31.74%).

2017 Avg (December) 21347.9236
2016 Avg (December) 16204.2186

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17868.8531 16008.5619 17238.0309
February 17847.5865 17476.2212 17630.9647
March 18010.0982 17422.2177 17727.4763
April 18133.6086 17560.3839 17766.6219
May 18649.0869 18027.3352 18356.5999
June 18991.4103 18482.6903 18641.5794
July 19796.8053 18866.5328 19231.9337
August 20160.5113 19699.3137 19856.3143
September 20475.9764 20089.4640 20297.3970
October 20735.9360 20101.4765 20387.4144
November 21207.5500 20512.3036 20835.3812
December 21872.4504 21021.9997 21347.9236