YEARLY HIGH
26234.9180 IRR
YEARLY LOW
21864.1334 IRR
YEARLY AVERAGE
24522.7281 IRR

2018 BGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 26234.9180. Conversely, the yearly low was recorded on January 1, dropping to 21864.1334.

This high-to-low spread represents a total annual volatility of 4370.7846 IRR. From a start-to-finish perspective, comparing the January average rate of 22485.7801 to the December average rate of 24577.0097, the exchange rate registered a net change of 9.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 26234.9180 was up 19.95% compared to the 2017 peak of 21872.4504, 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 131,174,590 IRR
2017 Average 95,594,697 IRR
Yearly Trough Low 109,320,667 IRR
Transaction Impact: A difference of 21,853,923.19 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

26206.7980
22147.5057
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 23815.2058, compared to 25230.2504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1415.0446 points.

H1 Avg (Jan–Jun) 23815.2058
H2 Avg (Jul–Dec) 25230.2504

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2960.6002 IRR (High: 25683.6548 / Low: 22723.0545). On the other end, June was the most stable month, with a tight range of 395.8434 IRR (High: 25511.6827 / Low: 25115.8393).

May Spread (Volatile) ±2960.6002
June Spread (Stable) ±395.8434

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 741.2010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -741.2010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 25868.5236) against the same month in 2017 (average: 19231.9337), the exchange rate shifted by +6636.5899 (+34.51%).

2018 Avg (July) 25868.5236
2017 Avg (July) 19231.9337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23459.3469 21864.1334 22485.7801
February 23655.2761 23139.0084 23405.1165
March 23923.5682 23374.0215 23641.0953
April 23776.3448 23131.9876 23539.7608
May 25683.6548 22723.0545 24529.6994
June 25511.6827 25115.8393 25289.7829
July 26234.9180 25348.0859 25868.5236
August 26170.0649 25036.2934 25558.6238
September 25991.9730 25502.3435 25713.7436
October 25549.8289 24585.7640 24972.5426
November 24893.3321 24393.4036 24691.0591
December 24789.4922 24332.7493 24577.0097