YEARLY HIGH
38178.7947 IRR
YEARLY LOW
22973.0592 IRR
YEARLY AVERAGE
24611.0768 IRR

2020 BGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 38178.7947. Conversely, the yearly low was recorded on March 19, dropping to 22973.0592.

This high-to-low spread represents a total annual volatility of 15205.7354 IRR. From a start-to-finish perspective, comparing the January average rate of 23903.1216 to the December average rate of 26200.9651, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 38178.7947 was up 50.64% compared to the 2019 peak of 25345.1349, 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 190,893,973 IRR
2019 Average 120,640,963 IRR
Yearly Trough Low 114,865,296 IRR
Transaction Impact: A difference of 76,028,677.21 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

26481.4422
23115.7173
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 23723.6560, compared to 25498.4976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1774.8416 points.

H1 Avg (Jan–Jun) 23723.6560
H2 Avg (Jul–Dec) 25498.4976

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 13982.6186 IRR (High: 38178.7947 / Low: 24196.1761). On the other end, January was the most stable month, with a tight range of 436.2094 IRR (High: 24143.9797 / Low: 23707.7703).

July Spread (Volatile) ±13982.6186
January Spread (Stable) ±436.2094

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 412.4863 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -412.4863

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 25119.7685) against the same month in 2019 (average: 24141.2127), the exchange rate shifted by +978.5559 (+4.05%).

2020 Avg (July) 25119.7685
2019 Avg (July) 24141.2127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24143.9797 23707.7703 23903.1216
February 23892.7416 23229.1145 23510.7886
March 24532.1528 22973.0592 23808.6807
April 23646.7892 23193.7595 23396.1944
May 23908.8415 23245.9918 23493.3050
June 24476.5631 23969.9415 24229.8456
July 38178.7947 24196.1761 25119.7685
August 25720.8151 25275.1574 25469.2689
September 25634.0165 25010.3950 25363.3695
October 25545.5078 25095.3181 25337.0943
November 25752.3566 25029.1278 25500.5190
December 26444.3262 26003.7105 26200.9651