YEARLY HIGH
25345.1349 IRR
YEARLY LOW
23464.7332 IRR
YEARLY AVERAGE
24129.6419 IRR

2019 BGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 25345.1349. Conversely, the yearly low was recorded on September 30, dropping to 23464.7332.

This high-to-low spread represents a total annual volatility of 1880.4017 IRR. From a start-to-finish perspective, comparing the January average rate of 24697.6350 to the December average rate of 23920.5292, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 25345.1349 was down 3.39% compared to the 2018 peak of 26234.9180, 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 126,725,675 IRR
2018 Average 122,643,906 IRR
Yearly Trough Low 117,323,666 IRR
Transaction Impact: A difference of 9,402,008.44 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

24795.9568
23616.0952
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 24370.7032, compared to 23888.5806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 482.1226 points.

H1 Avg (Jan–Jun) 24370.7032
H2 Avg (Jul–Dec) 23888.5806

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1015.3805 IRR (High: 25345.1349 / Low: 24329.7544). On the other end, November was the most stable month, with a tight range of 382.5427 IRR (High: 24072.3722 / Low: 23689.8295).

January Spread (Volatile) ±1015.3805
November Spread (Stable) ±382.5427

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 255.5491 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -255.5491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 24697.6350) against the same month in 2018 (average: 22485.7801), the exchange rate shifted by +2211.8550 (+9.84%).

2019 Avg (January) 24697.6350
2018 Avg (January) 22485.7801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25345.1349 24329.7544 24697.6350
February 24649.5034 24258.9232 24442.0860
March 24698.0666 24093.2487 24362.9910
April 24538.5606 23995.3497 24226.7498
May 24426.9231 23956.7805 24122.6080
June 24758.6032 24042.8403 24372.1494
July 24327.4631 23829.2916 24141.2127
August 24144.7135 23663.9733 23951.5465
September 23938.7534 23464.7332 23714.4170
October 24029.1603 23502.7826 23806.8963
November 24072.3722 23689.8295 23796.8818
December 24149.1448 23719.6301 23920.5292